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668 Inverloch-Kongwak Road,
Wattle Bank VIC 3995

This property is Off Market

All about Wattle Bank Homes for sale in Wattle Bank


  • The Average property price in this area is $811,494, this is based on recent transactions.
  • Internet speed Download 50 Mbps / Upload 20 Mbps
  • Distance to the coast 7.67 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 Wonthaggi - Inverloch

With an average age of 35, households expect an average monthly mortgage payment of $1,714 or a weekly rent payment of $431. The average family earns a weekly income of $1,875 with a typical household size of 2.8 and a 99.32% employment rate.

In Wattle Bank 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. 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 Wattle Bank 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 Wattle Bank 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. High density population in Wattle Bank requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Wattle Bank we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Wattle Bank a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 3479 asthma sufferers and 1563 people living with diabetes. In addition, 1657 people have a heart/vascular condition and 3434 people live with three or more chronic diseases.

A good place to invest in property?

Wonthaggi - Inverloch 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

35 / 100

52 / 100

Industry

10 / 100

17 / 100

Population

43 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

24 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Kongwak Primary School
  • Kongwak Primary School

    Kongwak, VIC, 3951 State Prep-6

  • Wonthaggi Secondary College

    Wonthaggi, VIC, 3995 State 7-12

  • St Joseph's School

    Wonthaggi, VIC, 3995 Independent Prep-6

  • Wonthaggi North Primary School

    Wonthaggi, VIC, 3995 State Prep-6

  • Inverloch Primary School

    Inverloch, VIC, 3996 State Prep-6


Property Story

668 Inverloch-Kongwak Road, Wattle Bank, Vic, 3995 is a residential property . The estimated distance to the sea is 7.67km 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

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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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