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Panton Hill
VIC, 3759 - Nillumbik

Thinking about buying in Panton Hill? Now could not be a better time, with just 481 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,804,000 with prices in this suburb ranging from $853,000 to $4,815,000. The aproximate distance to the coast is 29 Km.

Household Makeup

Median Weekly Rent $265.00
Median Monthly Mortgage $1612.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 43.00
Average Income $861.00
Average Cars Per Dwelling 2.63
Average Properties Within 50M 2

Housing Stock

Average Property Prices

2 Bed  $1,601,000
3 Bed  $1,520,000
4 Bed  $1,776,000
5 Bed  $2,363,000
6 Bed+$2,608,000

Panton Hill Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Panton Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Panton Hill 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 Panton Hill 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 Panton Hill 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 Panton Hill 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 Panton Hill

BarryPlant 32 CHURCH RD, PANTON HILL, VIC, 3759 Beds3 Bathrooms1 Price Guide: $850,000 - $900,000

Local Schools

Panton Hill Primary School

Learning Co-Operative School

Christmas Hills Primary School

Hurstbridge Primary School

(While the above schools are located with the suburb of Panton Hill 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.

Panton Hill 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
Jan1.612.128.636.694.82.824.5
Feb1.912.128.039.595.32.720.5
Mar1.710.525.342.696.12.515.7
Apr2.07.621.049.698.02.011.6
May2.55.716.859.597.32.08.0
Jun2.23.714.166.198.01.97.2
Jul2.14.513.763.196.42.77.3
Aug2.44.414.556.896.22.89.9
Sept2.45.417.549.197.42.814.0
Oct2.27.320.647.796.92.718.9
Nov2.69.422.946.196.82.722.2
Dec2.310.225.839.796.52.825.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Watsons CreekSmiths GullyCottles BridgeHurstbridgeKangaroo GroundWattle GlenChristmas HillsBend Of IslandsNutfieldSt Andrews

Public Transport


General Points of Interest

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