Thinking about buying in Meadow Heights? Now could not be a better time, with 5771 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $722,000 with prices in this suburb ranging from $314,000 to $2,264,000. The aproximate distance to the coast is 16 Km.
Median Weekly Rent | $337.36 |
Median Monthly Mortgage | $1435.32 |
Median Persons Per Bedroom | 1.00 |
Average Household Size | 3.27 |
Average Age | 33.73 |
Average Income | $436.95 |
Average Cars Per Dwelling | 1.88 |
Average Properties Within 50M | 13 |
1 Bed  $662,000 |
2 Bed  $534,000 |
3 Bed  $719,000 |
4 Bed  $855,000 |
5 Bed  $941,000 |
6 Bed+$1,205,000 |
Consistent high demand relative to supply is a key feature in Meadow Heights driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Meadow Heights due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Meadow Heights changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Meadow Heights 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 Meadow Heights 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.
39 NICHOLSON CR, MEADOW HEIGHTS, VIC, 3048 | $650,000 - $700,000 | ||||
UNIT 1, 78 TAGGERTY CR, MEADOW HEIGHTS, VIC, 3048 | 3 | 1 | 1 | $480k - $520k - AUCTION 21/09 at 11am | |
6A ELDORADO CR, MEADOW HEIGHTS, VIC, 3048 | 4 | 2 | 1 | ESR: $530k - $570k | |
UNIT 2, 28 MITCHELL CR, MEADOW HEIGHTS, VIC, 3048 | 3 | 1 | 3 | $415,000 | |
1445 PASCOE VALE RD, MEADOW HEIGHTS, VIC, 3048 | 3 | 2 | 1 | 400000 | |
21A GILMOUR CT, MEADOW HEIGHTS, VIC, 3048 | 0 | 0 | 0 | 280000 | |
UNIT 4, 29-31 ASHLEIGH CR, MEADOW HEIGHTS, VIC, 3048 | 4 | 1 | 2 | 520000 | |
28 IRONBARK CT, MEADOW HEIGHTS, VIC, 3048 | 3 | 2 | 2 | 630000 | |
UNIT 1, 35 ROKEWOOD CR, MEADOW HEIGHTS, VIC, 3048 | 3 | 2 | 1 | $390,000 - $429,000 |
Meadow Heights Primary School
Bethal Primary School
St Mary's Coptic Orthodox College
Coolaroo South Primary School
Roxburgh Park Primary School
Roxburgh Homestead Primary School
Holy Child School
Ilim College
Hume Valley School
Roxburgh College
(While the above schools are located with the suburb of Meadow Heights there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
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