107 COMMERCIAL ROAD, MOUNT EVELYN VIC 3796
This property is Off Market
- The Average property sold price in the surrounding area is $1,072,471.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 34.41 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
For Sale Nearby
Recently Sold
About Mount Evelyn
With an average age of 34, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $271. The average family earns a weekly income of $2,374 with a typical household size of 3 and a 99.51% employment rate.
Consistent high demand relative to supply is a key feature in Mount Evelyn driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Evelyn 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. A mix of professions and above average income earners in Mount Evelyn 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 Mount Evelyn to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mount Evelyn 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.
Public Transport
Croydon
Mooroolbark
Belgrave (Puffing Billy)
Bayswater
Boronia
Lilydale
Upper Ferntree Gully
Ferntree Gully
Ringwood East
Heathmont
General Points of Interest
Lilydale Squash Club
Canterbury Gardens Shopping Centre
Aquahub
May Moon
Montrose War Memorial
Lilydale Basketball Stadium
Lilydale Croquet Club
Chirnside Homemaker Centre
Lilydale War Memorial
Seville War Memorial
Population
(Country of Birth not stated 0%)
Are people healthy?
There are a recorded 1494 asthma sufferers and 339 people living with diabetes. In addition, 440 people have a heart/vascular condition and 812 people live with three or more chronic diseases.A good place to invest in property?
Mount Evelyn 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
58 / 100
52 / 100
Industry
09 / 100
17 / 100
Population
24 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
35 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBirmingham Primary School Lilydale High School
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Edinburgh College
Lilydale, VIC, 3140 Independent Prep-12 -
Mount Evelyn Primary School
Mount Evelyn, VIC, 3796 State Prep-6
Property Story
107 Commercial Road, Mount Evelyn, Vic, 3796 is a residential property with 3 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated value of this home is $830,000 while properties of this type typically sell for between $470,000 and $1,350,000 in this suburb. The estimated distance to the sea is 34.41km and 0.21KM 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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