Thinking about buying in Waurn Ponds? Now could not be a better time, with 2039 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,021,000 with prices in this suburb ranging from $260,000 to $4,504,000. Waurn Ponds is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $420.00 |
Median Monthly Mortgage | $1757.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 36.00 |
Average Income | $805.60 |
Average Cars Per Dwelling | 2.23 |
Average Properties Within 50M | 10 |
1 Bed  $940,000 |
2 Bed  $645,000 |
3 Bed  $883,000 |
4 Bed  $1,088,000 |
5 Bed  $1,311,000 |
6 Bed+$1,253,000 |
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. High average incomes in Waurn Ponds 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. The high percentage of professional people in Waurn Ponds classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Waurn Ponds requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.
UNIT 2, 21 GHAZEEPORE RD, WAURN PONDS, VIC, 3216 | $350,000 - $370,000 | ||||
47 OAKWOOD CR, WAURN PONDS, VIC, 3216 | 6 | 2 | 2 | 785000 |
Christian College Institute of Senior Education
Christian College Highton
Ceres Primary School
Bellaire Primary School
Grovedale College
Mandama Primary School
Grovedale West Primary School
Nazareth School
Clairvaux Catholic School
Highton Primary School
(While the above schools are located with the suburb of Waurn Ponds 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 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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