Real Estate Banyule, VIC, 3085

Thinking about buying in Banyule? Now could not be a better time, with a whopping 65863 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,161,000 with prices in this suburb ranging from $533,000 to $2,250,000.

Distance to the coast is 13 Km.

Instant Valuation

Banyule Real Estate Market Outlook

In Banyule there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Banyule 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 Banyule 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. Medium density in Banyule necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

About

Household makeup

Median Weekly Rent $388.95
Median Monthly Mortgage $2239.60
Median Persons Per Bedroom 0.75
Average Household Size 2.35
Average Age 37.00
Average Income $1278.00
Average Cars Per Dwelling 2.53
Average Properties Within 50M 30.00

Typical Property Prices

1 Bed$114,543
2 Bed$721,751
3 Bed$947,893
4 Bed$1,445,118
5 Bed$1,063,125

Housing Stock

Houses for sale Banyule

Barry Plant 8 CARMEL CL, GREENSBOROUGH, VIC, 3088 4 3 2 $1,450,000-$1,595,000
Barry Plant 2 BIRRAKAY CT, GREENSBOROUGH, VIC, 3088 4 2 4 $1,060,000 - $1,140,000
Barry Plant 24 TANGARI CT, GREENSBOROUGH, VIC, 3088 4 2 5 $870,000 - $920,000
Biggin & Scott 4 HEBDEN ST, GREENSBOROUGH, VIC, 3088 4 2 2 Price on Application
Fletchers 35 LYELL PDE, GREENSBOROUGH, VIC, 3088 3 1 2 Sold
McGrath UNIT 3, 11 ALEXANDRA ST, GREENSBOROUGH, VIC, 3088 3 1 2 $530,000 - $580,000 (Access off Para Road)
McGrath UNIT 7, 63 NELL ST, GREENSBOROUGH, VIC, 3088 2 1 2 $545,000 - $595,000
McGrath UNIT 3, 55 LORIMER ST, GREENSBOROUGH, VIC, 3088 2 1 1 Under Contract
McGrath 14 THOONA GR, GREENSBOROUGH, VIC, 3088 3 1 2 $770,000 - $840,000
McGrath 15 BARANBALI GR, GREENSBOROUGH, VIC, 3088 3 1 2 $760,000 - $830,000
McGrath 9 GREENMEYER CT, GREENSBOROUGH, VIC, 3088 3 1 1 $850,000 - $930,000
Woodards 12 ANAMA ST, GREENSBOROUGH, VIC, 3088 3 1 1 Contact Agent

Local Schools

Watsonia Primary School

Loyola College

Viewbank Primary School

Waratah Special Developmental School

Plenty Valley International Montessori School

Greensborough Primary School

Greenhills Primary School

Watsonia Heights Primary School

Diamond Valley Special Developmental School

Apollo Parkways Primary School

Greensborough Secondary College

St Mary's School

St Thomas the Apostle School

Heidelberg Primary School

St John's School

Our Lady of Mercy College

Macleod College

Lower Plenty Primary School

Montmorency Primary School

Montmorency South Primary School

Montmorency Secondary College

St Francis Xavier's School

Rosanna Primary School

Banyule Primary School

Rosanna Golf Links Primary School

Viewbank College

St Martin of Tours School

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

Local Crime Rate

Incidents Trend State Average


Banyule 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
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

GreensboroughIvanhoeMacleodHeidelbergMontmorencyRosannaHeidelberg WestHeidelberg HeightsViewbankWatsonia

Public Transport

Stop 61: Bundoora Park - Less than 5 KM Stop 61: Bundoora Park - Less than 5 KM Stop 62: Bundoora Metropolitan Fire Brigade - Less than 5 KM Stop 62: Bundoora Metropolitan Fire Brigade - Less than 5 KM Stop 63: Greenwood Drive - Less than 5 KM Stop 63: Greenwood Drive - Less than 5 KM Stop 64: Mount Cooper Drive - Less than 5 KM Stop 64: Mount Cooper Drive - Less than 5 KM Macleod - Less than 1 KM Watsonia - Less than 2 KM

General Points of Interest

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