Unit 2, 559 BALCOMBE ROAD Black Rock VIC 3193
This property is Off Market
- The Average property price in this area is $2,212,493, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 0.49 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 Sandringham - Black Rock
With an average age of 51, households expect an average monthly mortgage payment of $2,331 or a weekly rent payment of $481. The average family earns a weekly income of $2,639 with a typical household size of 2.1 and a 95.44% employment rate.
Consistent high demand relative to supply is a key feature in Black Rock driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Black Rock 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 Black Rock 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 Black Rock 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
Brighton Beach
Southland
Hampton
Moorabbin
Bentleigh
Patterson
Parkdale
Cheltenham
Highett
Sandringham
General Points of Interest
St Patrick's Tennis Club Mentone
Hampton Tennis Club
The Links Shopping Centre
Sandringham Golf Course
Cheltenham Bowls Club
William C.F. Almeida
Dendy Plaza
McKinnon Obelisk
GESAC
Yarra Yarra Golf Club
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1546 asthma sufferers and 674 people living with diabetes. In addition, 885 people have a heart/vascular condition and 1132 people live with three or more chronic diseases.A good place to invest in property?
Sandringham - Black Rock 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
88 / 100
52 / 100
Industry
36 / 100
17 / 100
Population
50 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
53 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsSandringham College Black Rock Primary School Mentone Girls Secondary College
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St Joseph's School
Black Rock, VIC, 3193 Independent Prep-6 -
Black Rock Primary School
Black Rock, VIC, 3193 State Prep-6 -
Beaumaris North Primary School
Beaumaris, VIC, 3193 State Prep-6
Property Story
Unit 2, 559 Balcombe Road, Black Rock, Vic, 3193 is a residential property . The estimated distance to the sea is only 0.49km and 0.47KM 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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