This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $340. The average family earns a weekly income of $1,916 with a typical household size of 2.6 and a 100.48% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Garfield 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 Garfield provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Garfield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Garfield the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
(Country of Birth not stated 3%)
Bunyip - Garfield 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
55 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
25 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
33 / 100
34 / 100
Incidents Trend State Average
Ripplebrook Primary School
Ripplebrook, VIC, 3818 State Prep-6
Garfield Primary School
Garfield, VIC, 3814 State Prep-6
Bayles Regional Primary School
Bayles, VIC, 3981 State Prep-6
St Thomas Aquinas College
Tynong, VIC, 3813 Independent Prep-12
Columba Catholic School
Bunyip, VIC, 3815 Independent Prep-6
Bunyip Primary School
Bunyip, VIC, 3815 State Prep-6
Nar Nar Goon Primary School
Nar Nar Goon, VIC, 3812 State Prep-6
St James School
Nar Nar Goon, VIC, 3812 Independent Prep-6
Labertouche Primary School
Labertouche, VIC, 3816 State Prep-6
Longwarry Primary School
Longwarry, VIC, 3816 State Prep-6
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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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