Unit 7, 55 ALBERT STREET Upper Ferntree Gully VIC 3156
This property is Off Market
- The Average property price in this area is $1,098,338, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 23.62 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 Ferntree Gully (South) - Upper Ferntree Gully
With an average age of 45, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $292. The average family earns a weekly income of $2,323 with a typical household size of 2.6 and a 98.28% 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 Upper Ferntree Gully are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Upper Ferntree Gully 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. Medium density in Upper Ferntree Gully necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Upper Ferntree Gully we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Upper Ferntree Gully a better buying opportunity than it may have been in the past.
Public Transport
Tecoma
Menzies Creek
Belgrave (Puffing Billy)
Belgrave
Bayswater
Boronia
Upper Ferntree Gully
Ferntree Gully
Upwey
Heathmont
General Points of Interest
Canterbury Gardens Shopping Centre
Waterford Valley Golf Course
Belgrave Heated Outdoor Swimming Pool
Ferny Creek War Memorial
Chesterfield Farm
The Fuzzy Wuzzy Angels
Ray Little Johns Memorial
Melbourne School of Theology
Swinburne University of Technology - Wantirna Campus
One Tree Hill
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 2173 asthma sufferers and 606 people living with diabetes. In addition, 744 people have a heart/vascular condition and 1155 people live with three or more chronic diseases.A good place to invest in property?
Ferntree Gully (South) - Upper Ferntree Gully 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
15 / 100
17 / 100
Population
39 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
41 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUpwey High School Upper Ferntree Gully Primary School
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Upwey High School
Upwey, VIC, 3158 State 7-12
Property Story
Unit 7, 55 Albert Street, Upper Ferntree Gully, Vic, 3156 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $630,000 while properties of this type typically sell for between $430,000 and $620,000 in this suburb. The estimated distance to the sea is 23.62km and 0.24KM 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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