Unit 1, 8 HUGHES STREET Yarraville VIC 3013
This property is Off Market
- The Average property price in this area is $1,475,240, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.78 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Yarraville
With an average age of 36, households expect an average monthly mortgage payment of $2,234 or a weekly rent payment of $451. The average family earns a weekly income of $2,903 with a typical household size of 2.3 and a 91.78% employment rate.
In Yarraville there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Yarraville ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Yarraville classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Yarraville requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Stop 63: Leeds Street
Stop 62: Nicholson Street
Stop 61: Geelong Road
Stop 61: Geelong Road
Spotswood
Stop 64: Footscray Station
Fishermans Bend
Stop 63: Hopkins Street
Stop 62: Nicholson Street
Middle Footscray
General Points of Interest
Hall's Taekwondo Centre
Trinity College
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
West Brunswick Tennis Club
Altona Badminton Centre
Sunshine Marketplace
Flemington Grandstand
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1848 asthma sufferers and 684 people living with diabetes. In addition, 650 people have a heart/vascular condition and 1200 people live with three or more chronic diseases.A good place to invest in property?
Yarraville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
82 / 100
52 / 100
Industry
37 / 100
17 / 100
Population
60 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
53 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsYarraville West Primary School Footscray City College
Property Story
Unit 1, 8 Hughes Street, Yarraville, Vic, 3013 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $880,000 while properties of this type typically sell for between $400,000 and $1,375,000 in this suburb. The estimated distance to the sea is only 0.78km and 0.79KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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