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Hotspur
VIC, 3303 - Glenelg

Thinking about buying in Hotspur? Now could not be a better time, with just 39 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 25 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Hotspur Real Estate Market Outlook

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. 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 Hotspur due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Hotspur 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 Hotspur 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 Hotspur 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.


Local Schools

None within suburb boundary

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

Hotspur 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
Jan1.412.326.740.694.23.924.6
Feb1.013.026.542.594.93.820.7
Mar1.211.323.747.295.43.415.8
Apr1.79.020.051.593.52.811.2
May2.87.416.363.294.62.78.4
Jun3.05.414.071.095.12.77.2
Jul3.55.413.570.495.63.27.3
Aug2.95.814.559.993.23.710.2
Sept2.16.716.757.096.83.514.3
Oct1.87.719.453.196.83.719
Nov1.49.121.548.897.13.621.8
Dec1.610.824.543.596.33.826.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

LyonsCondahDigbyMyamynGrassdaleGreenwaldWinnapMilltownDrumborgHeywood


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