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1115 Cape Otway Road,
Modewarre VIC 3240

This property is Off Market

All about Modewarre Homes for sale in Modewarre


  • The Average property price in this area is $1,101,776, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 17.21 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Winchelsea

With an average age of 44, households expect an average monthly mortgage payment of $1,965 or a weekly rent payment of $318. The average family earns a weekly income of $2,230 with a typical household size of 2.8 and a 98.32% employment rate.

In Modewarre there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Modewarre 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 Modewarre 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 Modewarre 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 Modewarre 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


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 778 asthma sufferers and 223 people living with diabetes. In addition, 299 people have a heart/vascular condition and 586 people live with three or more chronic diseases.

A good place to invest in property?

Winchelsea 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

46 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

23 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

28 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Moriac Primary School Surf Coast Secondary College
  • Freshwater Creek Steiner School

    Freshwater Creek, VIC, 3217 Independent Prep-6

  • Torquay P-6 College

    Torquay, VIC, 3228 State Prep-6

  • St Therese School

    Torquay, VIC, 3228 Independent Prep-6

  • Moriac Primary School

    Moriac, VIC, 3240 State Prep-6

  • Anglesea Primary School

    Anglesea, VIC, 3230 State Prep-6

  • Bellbrae Primary School

    Bellbrae, VIC, 3228 State Prep-6

  • Ceres Primary School

    Ceres, VIC, 3221 State Prep-6

  • Mount Duneed Regional Primary School

    Mount Duneed, VIC, 3217 State Prep-6


Property Story

1115 Cape Otway Road, Modewarre, Vic, 3240 is a residential property . The estimated distance to the sea is 17.21km and 0.83KM 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

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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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