Thinking about buying in Invermay Park? Now could not be a better time, with a whopping 816 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $623,000 with prices in this suburb ranging from $232,000 to $1,000,000.Distance to the coast is 75 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Invermay Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Invermay Park 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 Invermay Park 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. 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.
|Median Weekly Rent||$345.00|
|Median Monthly Mortgage||$1213.60|
|Median Persons Per Bedroom||0.70|
|Average Household Size||2.60|
|Average Cars Per Dwelling||2.90|
|Average Properties Within 50M||7.00|
|4 PARKMORE PL, INVERMAY PARK, VIC, 3350||4||2||2||$749,000 - $795,000|
|19 PATRICIA CT, INVERMAY PARK, VIC, 3350||4||2||2||$675,000 - $695,000|
|11 KILDARE CT, INVERMAY PARK, VIC, 3350||5||2||2||$800,000 - $850,000|
None within suburb boundary(While the above schools are located with the suburb of Invermay Park there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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