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5 Reservoir Road,
Monbulk VIC 3793

This property is Off Market

All about Monbulk Homes for sale in Monbulk

The Average property price in this area is $1,246,086, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 33.53 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Fletchers 2 VICTORIA AV, For Sale $680,000 - $730,000 3 Beds - 1 Baths - 1 Parking Within 2.1 km Fletchers 20 MENIN RD, For Sale $695,000 - $760,000 3 Beds - 1 Baths - Parking Within 2.2 km Fletchers 250 OLINDA-MONBULK RD, For Sale $320,000 - $350,000 Beds - Baths - Parking Within 2.2 km Fletchers 140 RANKINS RD, For Sale $3,600,000 - $3,960,000 9 Beds - 8 Baths - 6 Parking Within 3.8 km Fletchers 17 NETTLETON RD, For Sale $1,380,000 4 Beds - 2 Baths - 3 Parking Within 4.1 km

Recently Sold Properties in this Area

About Monbulk - Silvan

With an average age of 40, households expect an average monthly mortgage payment of $2,184 or a weekly rent payment of $340. The average family earns a weekly income of $2,303 with a typical household size of 3 and a 98.76% employment rate.

Consistent high demand relative to supply is a key feature in Monbulk driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Monbulk 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 Monbulk provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Monbulk 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

Lakeside

Tecoma

Emerald

Menzies Creek train

Belgrave (Puffing Billy) train

Belgrave

Upper Ferntree Gully train

Cockatoo

Ferntree Gully train

Upwey

General Points of Interest

Olinda Pool sport

Belgrave Heated Outdoor Swimming Pool

Narrow-gauge Steam Museum monument

Sassafras War Memorial monument

Ferny Creek War Memorial monument

Ray Little Johns Memorial monument

Kyeema Memorial Marker sport

Monbulk Regional Soccer Facility

One Tree Hill

Sherbrooke Forest

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 681 asthma sufferers and 227 people living with diabetes. In addition, 278 people have a heart/vascular condition and 510 people live with three or more chronic diseases.

A good place to invest in property?

Monbulk - Silvan 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

51 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

12 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

27 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Monbulk College Monbulk Primary School
Mountain District Christian School
Monbulk, VIC, 3793 Independent Prep-12
Kallista Primary School
Kallista, VIC, 3791 State Prep-6
St Paul's School
Monbulk, VIC, 3793 Independent Prep-6
Monbulk College
Monbulk, VIC, 3793 State 7-12
Mount Dandenong Primary School
Mount Dandenong, VIC, 3767 State Prep-6
Monbulk Primary School
Monbulk, VIC, 3793 State Prep-6
Silvan Primary School
Silvan, VIC, 3795 State Prep-6
Olinda Primary School
Olinda, VIC, 3788 State Prep-5
Sassafras Primary School
Sassafras, VIC, 3787 State Prep-6

Property Story

5 Reservoir Road, Monbulk, Vic, 3793 is a residential property with 4 bedrooms, 2 bathrooms and Parking spaces. The estimated distance to the sea is 33.53km and 0.06KM 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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