Unit 8, 7 PALM STREET Fairfield VIC 3078
This property is Off Market
- The Average property price in this area is $1,586,667, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 8.70 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 Alphington - Fairfield
With an average age of 39, households expect an average monthly mortgage payment of $2,450 or a weekly rent payment of $446. The average family earns a weekly income of $3,083 with a typical household size of 2.4 and a 93.93% employment rate.
In Fairfield 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. High average incomes in Fairfield 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 Fairfield 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 Fairfield 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 26: Walker Street
Stop 26: Walker Street
Stop 27: Westgarth Street
Stop 27: Westgarth Street
Stop 30: Clarke Street
Stop 30: Clarke Street
Westgarth
Dennis
Fairfield
Alphington
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
YMCA Macleod Recreation and Fitness Centre
Flemington Grandstand
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1038 asthma sufferers and 380 people living with diabetes. In addition, 376 people have a heart/vascular condition and 700 people live with three or more chronic diseases.A good place to invest in property?
Alphington - Fairfield 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
22 / 100
17 / 100
Population
32 / 100
32 / 100
House Prices
81 / 100
70 / 100
Jobs
41 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsThornbury High School Fairfield Primary School
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Ivanhoe Primary School
Ivanhoe, VIC, 3079 State Prep-6 -
St Anthony's School
Alphington, VIC, 3078 Independent Prep-6 -
Virtual School Victoria
Thornbury, VIC, 3071 State Prep-12 -
Mary Immaculate School
Ivanhoe, VIC, 3079 Independent Prep-6 -
Holy Spirit School
Thornbury, VIC, 3071 Independent Prep-6 -
Alphington Primary School
Alphington, VIC, 3078 State Prep-6
Property Story
Unit 8, 7 Palm Street, Fairfield, Vic, 3078 is a residential property with 1 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $345,000 while properties of this type typically sell for between $290,000 and $500,000 in this suburb. The estimated distance to the sea is 8.7km and 0.76KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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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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