2 Stream Road, Reefton VIC 3799
This property is Off Market
- The Average property price in this area is $490,186, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 70.34 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 Upper Yarra Valley
With an average age of 43, households expect an average monthly mortgage payment of $1,100 or a weekly rent payment of $260. The average family earns a weekly income of $1,375 with a typical household size of 2.1 and a 93.26% employment rate.
Consistent high demand relative to supply is a key feature in Reefton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Reefton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Reefton changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Reefton 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.
General Points of Interest
Big Peninsula Tunnel
Population
(Country of Birth not stated 18%)
Are people healthy?
There are a recorded 30 asthma sufferers and 13 people living with diabetes. In addition, 12 people have a heart/vascular condition and 30 people live with three or more chronic diseases.A good place to invest in property?
Upper Yarra Valley 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
38 / 100
52 / 100
Industry
01 / 100
17 / 100
Population
04 / 100
32 / 100
House Prices
100 / 100
70 / 100
Jobs
21 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMillwarra Primary School Upper Yarra Secondary College
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Millwarra Primary School
Millgrove, VIC, 3799 State Prep-6 -
Wesburn Primary School
Wesburn, VIC, 3799 State Prep-6 -
Little Yarra Steiner School
Yarra Junction, VIC, 3797 Independent Prep-12 -
Marysville Primary School
Marysville, VIC, 3779 State Prep-6 -
Upper Yarra Secondary College
Yarra Junction, VIC, 3797 State 7-12 -
Gladysdale Primary School
Gladysdale, VIC, 3797 State Prep-6 -
Cire Community School
Lilydale, VIC, 3140 Independent 7-12 -
Warburton Primary School
Warburton, VIC, 3799 State Prep-6
Property Story
2 Stream Road, Reefton, Vic, 3799 is a residential property . The estimated distance to the sea is 70.34km and 0.05KM 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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