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Park Orchards
VIC, 3114 - Manningham

Thinking about buying in Park Orchards? Now could not be a better time, with 1906 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,587,000 with prices in this suburb ranging from $934,000 to $9,792,000. The aproximate distance to the coast is 21 Km.

Household Makeup

Median Weekly Rent $564.33
Median Monthly Mortgage $2977.67
Median Persons Per Bedroom 0.83
Average Household Size 3.00
Average Age 44.00
Average Income $917.00
Average Cars Per Dwelling 2.53
Average Properties Within 50M 5

Housing Stock

Average Property Prices

1 Bed  $2,328,000
2 Bed  $2,721,000
3 Bed  $2,206,000
4 Bed  $2,545,000
5 Bed  $3,142,000
6 Bed+$3,580,000

Park Orchards 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. High average incomes in Park Orchards 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 Park Orchards 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 Park Orchards 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.

Houses for sale Park Orchards

Woodards 192-194 BERRINGA RD, PARK ORCHARDS, VIC, 3114 Beds5 Bathrooms6 Parking 6 $5,500,000 - $5,800,000

Local Schools

Park Orchards Primary School

St Anne's School

Donvale Christian College

Ringwood North Primary School

Holy Spirit School

Whitefriars College Inc

Mullum Primary School

Norwood Secondary College

Our Lady of the Pines School

Ringwood Heights Primary School

(While the above schools are located with the suburb of Park Orchards 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.

Park Orchards 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
Jan1.913.927.538.289.72.725.0
Feb2.314.227.639.890.02.421.0
Mar1.612.724.644.490.72.215.4
Apr2.710.020.748.493.01.911.1
May2.38.016.856.192.32.18.2
Jun2.25.714.061.394.81.97.3
Jul2.06.513.859.191.32.57.2
Aug2.46.514.652.689.92.89.7
Sept2.57.917.747.289.92.814.1
Oct2.28.920.546.291.22.619.7
Nov3.010.922.845.393.32.522.0
Dec3.412.224.942.291.32.726.2

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Ringwood NorthDonvaleWarranwoodWarrandyte SouthWarrandyteRingwoodDoncaster EastCroydon HillsMitchamRingwood East

Public Transport


General Points of Interest

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