Question 1

Is Three Bridges a nice place to live?

Accepted Answer

Three Bridges is a small rural locality in Melbourne’s outer east, with bushland, rolling hills and a quietly rural pace. Properties range from weatherboard and timber cottages to larger acreage blocks, so the area tends to suit people after privacy, space and a connection to the outdoors rather than inner-city convenience. Shops and services are limited inside Three Bridges, so residents rely on nearby towns for schooling, shopping and cafés, while local roads lead out to reserves and trails for bushwalking, riding and other country pursuits.

About 188 people live in Three Bridges; the median age is 46 and the typical household income $1,449 a week (roughly $75,300 a year). Households are mainly families, with couple families without children 41.8%, couple families with children 40.0% and one-parent families 18.2%. Homes are overwhelmingly owner-occupied (about 91.0% combined, with 50.7% mortgaged and 40.3% owned outright) and renters 9.0%. The area is affected by Yarra Ranges Amendment C177, which rezones a Crown allotment into the Public Conservation and Resource Zone, and a planned fuel-reduction burn called "Three Bridges - Slaty Creek Track" lies nearby. Whether that rural mix suits you depends on what you’re after.

Question 2

Is it expensive to live in Three Bridges?

Accepted Answer

There haven't been enough recent sales or rentals in Three Bridges to publish reliable house or unit price and rent figures. Without those figures, it's not possible to describe how expensive it is to live in Three Bridges compared with local household incomes at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Three Bridges a good place to invest?

Accepted Answer

Three Bridges hasn't had enough recent sales to put reliable figures on how house or unit values and rents have changed this year. Without that, there isn't a clear picture of how it has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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