16 Velra Avenue, Murrumbeena VIC 3163
This property is Off Market
- The Average property price in this area is $1,434,853, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 7.51 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Murrumbeena
With an average age of 44, households expect an average monthly mortgage payment of $2,184 or a weekly rent payment of $598. The average family earns a weekly income of $2,916 with a typical household size of 2.8 and a 97.48% employment rate.
Consistent high demand relative to supply is a key feature in Murrumbeena driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Murrumbeena 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 Murrumbeena 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 Murrumbeena necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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
Stop 66: Glenhuntly Road
Stop 67: Centre Road
Stop 67: Centre Road
Stop 65: Mimosa Road
Stop 65: Mimosa Road
Stop 64: Mernda Avenue
Stop 64: Mernda Avenue
Stop 63: Maroona Road
Stop 63: Maroona Road
Stop 68: Koornang Road
General Points of Interest
St Patrick's Tennis Club Mentone
Como Centre
Lest We Forget
Admiral Creswell Memorial
Sandringham Golf Course
William C.F. Almeida
McKinnon Obelisk
Academy Swimming Pool
Hockey Pavillion
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 767 asthma sufferers and 347 people living with diabetes. In addition, 370 people have a heart/vascular condition and 570 people live with three or more chronic diseases.A good place to invest in property?
Murrumbeena 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
69 / 100
52 / 100
Industry
22 / 100
17 / 100
Population
31 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
36 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSouth Oakleigh Secondary College Hughesdale Primary School
Property Story
16 Velra Avenue, Murrumbeena, Vic, 3163 is a residential property . The estimated distance to the sea is 7.51km and at least 1.75KM 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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