Unit 7, 349 PAKINGTON STREET Newtown VIC 3220
This property is Off Market
- The Average property price in this area is $1,370,880, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 2.26 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 Newtown (Vic.)
With an average age of 39, households expect an average monthly mortgage payment of $1,968 or a weekly rent payment of $360. The average family earns a weekly income of $2,660 with a typical household size of 2.1 and a 96.53% 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Newtown due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Newtown changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Newtown to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Newtown the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Beaufort
General Points of Interest
War Memorial
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1258 asthma sufferers and 442 people living with diabetes. In addition, 589 people have a heart/vascular condition and 861 people live with three or more chronic diseases.A good place to invest in property?
Newtown (Vic.) 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
72 / 100
52 / 100
Industry
16 / 100
17 / 100
Population
28 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
36 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBelmont High School Chilwell Primary School Matthew Flinders Girls Secondary College
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Sacred Heart College
Newtown, VIC, 3220 Independent 7-12 -
Geelong South Primary School
South Geelong, VIC, 3220 State Prep-6 -
St John's Lutheran School Geelong
Geelong, VIC, 3220 Independent Prep-6 -
Newtown Primary School
Newtown, VIC, 3220 State Prep-6 -
St Robert's School
Newtown, VIC, 3220 Independent Prep-6 -
Belmont Primary School
Belmont, VIC, 3216 State Prep-6 -
St Joseph's College Geelong
Newtown, VIC, 3220 Independent 7-12 -
The Geelong College
Newtown, VIC, 3220 Independent Prep-12 -
Matthew Flinders Girls Secondary College
Geelong, VIC, 3220 State 7-12 -
Chilwell Primary School
Newtown, VIC, 3220 State Prep-6
Property Story
Unit 7, 349 Pakington Street, Newtown, Vic, 3220 is a residential property . The estimated distance to the sea is 2.26km and 0.6KM 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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