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Unit 519,
55 QUEENS ROAD Melbourne VIC 3004

This property is Off Market

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The Average property price in this area is $2,188,564, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 1.56 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

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Recently Sold Properties in this Area

About

With an average age of 36, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $475. The average family earns a weekly income of $2,481 with a typical household size of 1.8 and a 92.31% 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 Melbourne 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 Melbourne 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. Medium density in Melbourne necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Stop 112: Lygon Street tram

Stop 3: Lincoln Square tram

Stop 12: Moor Street tram

Stop 1: Melbourne University tram

Stop 13: Johnston Street tram

Stop 13: Johnston Street

General Points of Interest

Hall's Taekwondo Centre golf

Green Acres Golf Club schools

Trinity College shopping

Como Centre monument

Admiral Creswell Memorial stadium

Melbourne Cricket Ground sport

Olympia Gymnasium monument

Centenary Bridge Pillar sport

West Brunswick Tennis Club stadium

Flemington Grandstand

Population

(Country of Birth not stated 13%)

Are people healthy?

There are a recorded 1297 asthma sufferers and 632 people living with diabetes. In addition, 701 people have a heart/vascular condition and 986 people live with three or more chronic diseases.

A good place to invest in property?

We are collecting data for this area. Check back soon.

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Elwood College South Melbourne Park Primary School
MacRobertson Girls High School
Melbourne, VIC, 3004 State 9-12
Melbourne Girls Grammar
South Yarra, VIC, 3141 Independent Prep-12
Victorian College For The Deaf
Melbourne, VIC, 3000 State U
Melbourne Grammar School
Melbourne, VIC, 3004 Independent Prep-12
Christ Church Grammar School
South Yarra, VIC, 3141 Independent Prep-6
South Yarra Primary School
South Yarra, VIC, 3141 State Prep-6
St Michael's Grammar School
St Kilda, VIC, 3182 Independent Prep-12
Middle Park Primary School
Middle Park, VIC, 3206 State Prep-6
Wesley College
Melbourne, VIC, 3004 Independent Prep-12
St Kilda Park Primary School
St Kilda, VIC, 3182 State Prep-6

Property Story

Unit 519, 55 Queens Road, Melbourne, Vic, 3004 is a residential property with 1 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $545,000 while properties of this type typically sell for between $125,000 and $625,000 in this suburb. The estimated distance to the sea is only 1.56km and 0.26KM 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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