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The Patch
VIC, 3792 - Yarra Ranges

Thinking about buying in The Patch? Now could not be a better time, with just 465 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,219,000 with prices in this suburb ranging from $250,000 to $2,899,000. The aproximate distance to the coast is 29 Km.

Household Makeup

Median Weekly Rent $386.67
Median Monthly Mortgage $2029.00
Median Persons Per Bedroom 0.77
Average Household Size 2.67
Average Age 45.00
Average Income $843.33
Average Cars Per Dwelling 2.12
Average Properties Within 50M 4

Housing Stock

Average Property Prices

1 Bed  $735,000
2 Bed  $892,000
3 Bed  $1,080,000
4 Bed  $1,392,000
5 Bed  $1,843,000
6 Bed+$1,671,000

The Patch Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in The Patch driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in The Patch ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in The Patch provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in The Patch necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in The Patch we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make The Patch a better buying opportunity than it may have been in the past.

Houses for sale The Patch

BarryPlant 42 THE PATCH ROAD, THE PATCH, VIC, 3792 Beds4 Bathrooms1 Parking 1 Price Guide: $790,000 - $869,000

Local Schools

The Patch Primary School

Monbulk Primary School

Kallista Primary School

St Paul's School

Monbulk College

Menzies Creek Primary School

(While the above schools are located with the suburb of The Patch there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

The Patch weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

KallistaMonbulkMenzies CreekSelbySherbrookeBelgraveOlindaClematisTecomaSassafras

Public Transport


General Points of Interest

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