5 Lahore Close, Mount Cottrell VIC 3024
This property is Off Market
- The Average property price in this area is $754,320, this is based on recent transactions.
- Distance to the coast 14.62 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 Tarneit
With an average age of 29, households expect an average monthly mortgage payment of $1,971 or a weekly rent payment of $381. The average family earns a weekly income of $1,972 with a typical household size of 3.4 and a 94.07% employment rate.
Consistent high demand relative to supply is a key feature in Mount Cottrell 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 Mount Cottrell 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 Mount Cottrell 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. Lower than average population density constrains growth in Mount Cottrell 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 Cottrell 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
Melton
Wyndham Vale
Tarneit
Caroline Springs
Cobblebank
Ardeer
Laverton
Rockbank
Aircraft
Hoppers Crossing
General Points of Interest
Tarneit Central Shopping Centre
Club Claremont
Manor Lakes Central Shopping Centre
Riverdale Village Town Centre
Opalia Plaza
Hogans Corner Shopping Centre
Wyndham Village Shopping Centre
Tarneit Gardens Shopping Centre
Tarneit Central Shopping Centre
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 3535 asthma sufferers and 1368 people living with diabetes. In addition, 1011 people have a heart/vascular condition and 1645 people live with three or more chronic diseases.A good place to invest in property?
Tarneit 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
49 / 100
52 / 100
Industry
55 / 100
17 / 100
Population
54 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
60 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTarneit P-9 College Tarneit Rise Primary School Tarneit Senior College
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Tarneit P-9 College
Tarneit, VIC, 3029 State Prep-9 -
The Grange P-12 College
Hoppers Crossing, VIC, 3029 State Prep-12 -
Islamic College Of Melbourne
Tarneit, VIC, 3029 Independent Prep-12 -
Good News Lutheran College
Tarneit, VIC, 3029 Independent Prep-12 -
St Francis of Assisi Catholic Primary School
Tarneit, VIC, 3029 Independent Prep-6 -
St James the Apostle School
Hoppers Crossing, VIC, 3029 Independent Prep-6 -
Tarneit Rise Primary School
Tarneit, VIC, 3029 State Prep-6 -
St John the Apostle Catholic Primary School
Tarneit, VIC, 3029 Independent Prep-6 -
Cambridge Primary School
Hoppers Crossing, VIC, 3029 State Prep-6 -
Tarneit Senior College
Tarneit, VIC, 3029 State 10-12
Property Story
5 Lahore Close, Mount Cottrell, Vic, 3024 is a residential property . The estimated distance to the sea is 14.62km 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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