This property is Off Market
With an average age of 30, households expect an average monthly mortgage payment of $1,387 or a weekly rent payment of $351. The average family earns a weekly income of $1,983 with a typical household size of 1.8 and a 93.64% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Travancore are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Travancore provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Travancore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.
(Country of Birth not stated 4%)
Flemington 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
50 / 100
52 / 100
Industry
23 / 100
17 / 100
Population
18 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
33 / 100
34 / 100
Incidents Trend State Average
Ascot Vale Heights School
Ascot Vale, VIC, 3032 State U
St Michael's School
North Melbourne, VIC, 3051 Independent Prep-6
Debney Meadows Primary School
Flemington, VIC, 3031 State Prep-6
Kensington Primary School
Kensington, VIC, 3031 State Prep-6
Flemington Primary School
Flemington, VIC, 3031 State Prep-6
St Brendan's School
Flemington, VIC, 3031 Independent Prep-6
St Aloysius College
North Melbourne, VIC, 3051 Independent 7-12
Mount Alexander 7-12 College
Flemington, VIC, 3031 State 7-12
Kensington Community High School
Kensington, VIC, 3031 State 7-12
Parkville College
Parkville, VIC, 3052 State U
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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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