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UNIT 3801, 100 LORIMER STREET, DOCKLANDS, VIC, 3008

This property is Off Market


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  • Average property sold price $1,529,340

    Not happy with the price? Set your own

  • Distance to the coast 0.40 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Land Contamination risk is

About Docklands

With an average age of 44, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $667. The average family earns a weekly income of $3,170 with a typical household size of 1.9 and a 97.52% 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 Docklands 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 Docklands 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 Docklands necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

Population

(Country of Birth not stated 15%)

Are people healthy?

There are a recorded 742 asthma sufferers and 316 people living with diabetes. In addition, 275 people have a heart/vascular condition and 547 people live with three or more chronic diseases.

A good place to invest in property?

Docklands 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

60 / 100

52 / 100

Industry

48 / 100

17 / 100

Population

37 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

48 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
  • Albert Park Primary School

    Albert Park, VIC, 3206 State Prep-6

  • Galilee Regional Catholic Primary School

    South Melbourne, VIC, 3205 Independent Prep-6

  • Port Phillip Specialist School

    Port Melbourne, VIC, 3207 State U

  • Hester Hornbrook Academy

    South Melbourne, VIC, 3205 Independent 10-12

  • South Melbourne Primary School

    South Melbourne, VIC, 3205 State Prep-6

  • Port Melbourne Primary School

    Port Melbourne, VIC, 3207 State Prep-6

  • Albert Park College

    Albert Park, VIC, 3206 State 7-12

  • Montague Continuing Education Centre

    South Melbourne, VIC, 3205 State U

  • Simonds Catholic College

    West Melbourne, VIC, 3003 Independent 7-12

  • Victorian College Of The Arts Secondary School

    Southbank, VIC, 3006 State 7-12


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

Hey! I’m Kate.

Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.

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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