Unit 301, 311 BURWOOD ROAD Hawthorn VIC 3122
This property is Off Market
- The Average property price in this area is $1,784,923, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 7.03 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 Hawthorn
With an average age of 31, households expect an average monthly mortgage payment of $1,547 or a weekly rent payment of $392. The average family earns a weekly income of $2,672 with a typical household size of 1.5 and a 95.28% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Hawthorn ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Hawthorn classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Hawthorn 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Stop 30: Through Street
Stop 30: Through Street
Stop 31: Fordholm Road
Stop 31: Fordholm Road
Stop 73: Burwood Road
Stop 71: Urquhart Street
Stop 71: Urquhart Street
Stop 72: Oxley Road
Stop 72: Manningtree Road
Stop 73: Burwood Road
General Points of Interest
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
West Brunswick Tennis Club
Boroondara Tennis Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 2154 asthma sufferers and 663 people living with diabetes. In addition, 700 people have a heart/vascular condition and 1235 people live with three or more chronic diseases.A good place to invest in property?
Hawthorn 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
79 / 100
52 / 100
Industry
65 / 100
17 / 100
Population
45 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
66 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSwinburne Senior Secondary College Melbourne Girls College Auburn High School Glenferrie Primary School
Property Story
Unit 301, 311 Burwood Road, Hawthorn, Vic, 3122 is a residential property . The estimated distance to the sea is 7.03km and at least 1.02KM 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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