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Underbool
VIC, 3509 - Mildura

Thinking about buying in Underbool? Now could not be a better time, with just 250 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $249,000 with prices in this suburb ranging from $86,000 to $460,000. The aproximate distance to the coast is 216 Km.

Household Makeup

Median Weekly Rent $150.00
Median Monthly Mortgage $403.00
Median Persons Per Bedroom 0.60
Average Household Size 2.00
Average Age 51.00
Average Income $790.00
Average Cars Per Dwelling 1.87
Average Properties Within 50M 5

Housing Stock

Average Property Prices

2 Bed  $215,000
3 Bed  $207,000
4 Bed  $433,000

Underbool Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Underbool 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 Underbool 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 Underbool 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Underbool 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.

Houses for sale Underbool

PRD 15 WESTH ST, UNDERBOOL, VIC, 3509 Beds3 Bathrooms1 Parking 2 $90,000 - $99,000

Local Schools

Underbool Primary School

(While the above schools are located with the suburb of Underbool 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.

Underbool 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
Jan116.534.01966.94.627.9
Feb0.81632.622.672.34.424.7
Mar0.413.929.126.375.53.919.1
Apr1.011.023.934.781.83.514.6
May0.57.919.144.188.83.510.8
Jun0.75.715.554.493.63.59.2
Jul0.65.115.552.891.93.99.8
Aug0.65.217.242.189.43.612.2
Sept0.56.621.429.785.24.017.1
Oct0.79.625.725.079.84.221.6
Nov0.512.629.320.674.14.326.1
Dec1.014.531.519.368.84.528.9

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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General Points of Interest

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