Thinking about buying in Cape Woolamai? Now could not be a better time, with 2076 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $903,000 with prices in this suburb ranging from $286,000 to $4,892,000. Cape Woolamai is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $347.00 |
Median Monthly Mortgage | $1625.00 |
Median Persons Per Bedroom | 0.75 |
Average Household Size | 2.50 |
Average Age | 46.00 |
Average Income | $702.50 |
Average Cars Per Dwelling | 1.96 |
Average Properties Within 50M | 11 |
1 Bed  $660,000 |
2 Bed  $652,000 |
3 Bed  $906,000 |
4 Bed  $1,003,000 |
5 Bed  $1,244,000 |
6 Bed+$2,263,000 |
Consistent high demand relative to supply is a key feature in Cape Woolamai driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Cape Woolamai 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 Cape Woolamai 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. Medium density in Cape Woolamai necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Cape Woolamai 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.
23 SEASPRAY AV, CAPE WOOLAMAI, VIC, 3925 | 4 | 2 | 2 | $1,300,000 - $1,350,000 | |
15 GROFAM CT, CAPE WOOLAMAI, VIC, 3925 | $600,000 - $660,000 | ||||
31 BUNYA DR, CAPE WOOLAMAI, VIC, 3925 | 4 | 2 | 2 | NEW PRICE $1,550,000 to $1,650,000 | |
82 OCEAN RCH, CAPE WOOLAMAI, VIC, 3925 | 3 | 2 | 4 | 880000 | |
27 SURFERS DR, CAPE WOOLAMAI, VIC, 3925 | 4 | 3 | 2 | 950000 | |
46 VISTA DR, CAPE WOOLAMAI, VIC, 3925 | 2 | 1 | 4 | 595000 | |
40 SEASHELL AV, CAPE WOOLAMAI, VIC, 3925 | 4 | 2 | 2 | $1,270,000 | |
SHOP 2, 18 VISTA PL, CAPE WOOLAMAI, VIC, 3925 | 3 | 2 | 1 | $545,000 | |
22 CORONA RD, CAPE WOOLAMAI, VIC, 3925 | 4 | 3 | 2 | $950,000 -$970,000 |
Newhaven Primary School
(While the above schools are located with the suburb of Cape Woolamai there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.6 | 16.2 | 24.6 | 55.8 | 88.5 | 3.9 | 25.3 |
Feb | 1.6 | 16.2 | 24.5 | 54.1 | 87.9 | 3.7 | 21 |
Mar | 1.6 | 14.9 | 22.9 | 53.2 | 87.3 | 3.8 | 15.8 |
Apr | 1.7 | 13.2 | 20.3 | 57.0 | 89.6 | 3.3 | 10.9 |
May | 2.9 | 10.7 | 16.4 | 62.0 | 90.3 | 3.5 | 7.7 |
Jun | 2.2 | 8.7 | 14.1 | 67.2 | 92 | 3.5 | 6.9 |
Jul | 2.3 | 8.2 | 13.5 | 65.0 | 90.7 | 4.4 | 7.4 |
Aug | 2.6 | 8.1 | 14.1 | 61.8 | 90.5 | 4 | 10.0 |
Sept | 1.9 | 9.4 | 16.3 | 56.7 | 90.6 | 3.7 | 14.3 |
Oct | 1.6 | 11.1 | 18.8 | 57.4 | 90.7 | 3.5 | 19.0 |
Nov | 5.1 | 12.6 | 20.7 | 54.0 | 88.2 | 3.6 | 22.4 |
Dec | 1.3 | 14.6 | 24.0 | 51.8 | 87 | 3.8 | 28.3 |
source: Australian Government Bureau of Meteorology
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