Thinking about buying in Meredith? Now could not be a better time, with 556 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $697,000 with prices in this suburb ranging from $54,000 to $4,285,000. The aproximate distance to the coast is 30 Km.
Median Weekly Rent | $300.00 |
Median Monthly Mortgage | $1387.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 41.00 |
Average Income | $633.00 |
Average Cars Per Dwelling | 2.22 |
Average Properties Within 50M | 3 |
1 Bed  $338,000 |
2 Bed  $619,000 |
3 Bed  $674,000 |
4 Bed  $1,373,000 |
5 Bed  $1,309,000 |
6 Bed+$952,000 |
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. Incomes in Meredith are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Meredith provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Meredith 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 Meredith 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.
16 SUTHERLAND ST, MEREDITH, VIC, 3333 | 3 | 3 | 6 | $599,000 - $649,000 | |
2 BALLAN-MEREDITH RD, MEREDITH, VIC, 3333 | 3 | 1 | 10 | $529,000-$559,000 | |
27 WALLACE ST, MEREDITH, VIC, 3333 | 3 | 1 | 6 | $649,000 | |
1123 SLATE QUARRY RD, MEREDITH, VIC, 3333 | 4 | 2 | 14 | $1,249,000 - $1,299,000 |
Meredith Primary School
(While the above schools are located with the suburb of Meredith 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 | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!