Real Estate Longwarry North, VIC, 3816 Baw Baw

Thinking about buying in Longwarry North? Now could not be a better time, with just 89 residential dwellings it's a highly sought after location.

The average property price for this area is $752,000 with prices in this suburb ranging from $514,000 to $1,004,000.

Distance to the coast is 28 Km.

Instant Valuation

Longwarry North 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 Longwarry North 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 Longwarry North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Longwarry North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Longwarry North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Longwarry North a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $235.00
Median Monthly Mortgage $1857.00
Median Persons Per Bedroom 0.80
Average Household Size 2.50
Average Age 43.00
Average Income $896.00
Average Cars Per Dwelling 3.01
Average Properties Within 50M 1.00

Typical Property Prices

2 Bed$462,500
3 Bed$1,395,000
4 Bed$1,375,000

Housing Stock

Houses for sale Longwarry North

First National 355 PRINCES WAY, LONGWARRY NORTH, VIC, 3816 3 1 2 $1,295,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Longwarry North 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
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology



Internet Speed

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Satellite


Nearby Suburbs

LongwarryBunyip NorthLabertoucheBunyipDrouin WestDrouinTonimbukGarfield NorthGarfieldDrouin East

Public Transport

Garfield - Less than 10 KM Tynong - Greater then 10KM Warragul - Greater then 10KM Longwarry - Less than 5 KM Pakenham - Greater then 10KM Nar Nar Goon - Greater then 10KM Gembrook (Town) - Greater then 10KM Gembrook (Heritage) - Greater then 10KM Bunyip - Less than 10 KM Drouin - Less than 10 KM

General Points of Interest

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