Thinking about buying in Elgin? Now could not be a better time, with just 87 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $851,000 with prices in this suburb ranging from $544,000 to $1,172,000. Elgin is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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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 Elgin are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Elgin leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Elgin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.
761 RAILWAY RD, ELGIN, WA, 6237 |
None within suburb boundary
(While the above schools are located with the suburb of Elgin 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 | 0.3 | 15.7 | 30.4 | 34.6 | 78.8 | 4.4 | 29.5 |
Feb | 0.3 | 16.1 | 30.5 | 34.8 | 79.9 | 4.2 | 25.7 |
Mar | 0.7 | 14.8 | 28.4 | 39.2 | 84.9 | 3.6 | 20.7 |
Apr | 1.2 | 12.2 | 24.6 | 46.8 | 90.7 | 2.9 | 15.2 |
May | 3.2 | 8.8 | 21.0 | 50.8 | 94.4 | 2.8 | 11.7 |
Jun | 4.4 | 7.7 | 18.4 | 56.2 | 94.4 | 3.0 | 9.4 |
Jul | 4.3 | 7.6 | 17.4 | 55.6 | 89.9 | 3.2 | 9.6 |
Aug | 3.6 | 7.7 | 18.0 | 55.1 | 92.0 | 3.2 | 12.8 |
Sept | 3.0 | 8.6 | 18.8 | 54.2 | 91.9 | 3.6 | 17.1 |
Oct | 0.9 | 10.2 | 21.8 | 50.1 | 89.8 | 3.6 | 23.3 |
Nov | 0.8 | 11.6 | 24.6 | 40.9 | 85.0 | 3.9 | 25.8 |
Dec | 0.7 | 13.7 | 27.9 | 37.7 | 82.2 | 4.2 | 30.6 |
source: Australian Government Bureau of Meteorology
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