775 Fernbank-Glenaladale Road, Fernbank VIC 3864
This property is Off Market
- The Average property price in this area is $505,538, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 34.85 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 Bruthen - Omeo
With an average age of 49, households expect an average monthly mortgage payment of $1,203 or a weekly rent payment of $200. The average family earns a weekly income of $1,550 with a typical household size of 2.6 and a 96.25% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Fernbank 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 Fernbank 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 Fernbank 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 Fernbank 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
Bairnsdale
Raymond Island Ferry
Population
(Country of Birth not stated 12%)
Are people healthy?
There are a recorded 1152 asthma sufferers and 487 people living with diabetes. In addition, 514 people have a heart/vascular condition and 1041 people live with three or more chronic diseases.A good place to invest in property?
Bruthen - Omeo 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
36 / 100
52 / 100
Industry
04 / 100
17 / 100
Population
17 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
22 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBairnsdale Secondary College Lindenow South Primary School
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St Mary's School
Bairnsdale, VIC, 3875 Independent Prep-6 -
Briagolong Primary School
Briagolong, VIC, 3860 State Prep-6 -
Bairnsdale West Primary School
Bairnsdale, VIC, 3875 State Prep-6 -
Lindenow Primary School
Lindenow, VIC, 3865 State Prep-6 -
East Gippsland Specialist School
Bairnsdale, VIC, 3875 State U -
Bairnsdale Christian Community School
Bairnsdale, VIC, 3875 Independent Prep-6 -
Nagle College
Bairnsdale, VIC, 3875 Independent 7-12 -
Stratford Primary School
Stratford, VIC, 3862 State Prep-6 -
Lindenow South Primary School
Lindenow South, VIC, 3875 State Prep-6
Property Story
775 Fernbank-Glenaladale Road, Fernbank, Vic, 3864 is a residential property . The estimated distance to the sea is 34.85km and at least 1.58KM 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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