Real Estate Pioneer Bay, VIC, 3984 Bass Coast
Thinking about buying in Pioneer Bay? Now could not be a better time, with just 264 residential dwellings it's a highly sought after location.
The average property price for this area is $364,000 with prices in this suburb ranging from $329,000 to $430,000.
Distance to the coast is 0 Km.Pioneer Bay Real Estate Market Outlook
In Pioneer Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Pioneer Bay 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 Pioneer Bay 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. High density population in Pioneer Bay 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. Lower than average industry presence in Pioneer Bay 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 Pioneer Bay a better buying opportunity than it may have been in the past.
About
Household makeup
| Median Weekly Rent | $285.00 |
| Median Monthly Mortgage | $1249.00 |
| Median Persons Per Bedroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 43.00 |
| Average Income | $737.00 |
| Average Cars Per Dwelling | 2.88 |
| Average Properties Within 50M | 12.00 |
Typical Property Prices
| 2 Bed | $460,000 |
| 3 Bed | $542,000 |
| 4 Bed | $622,500 |
Housing Stock
Houses for sale Pioneer Bay
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37 SONIA CR, PIONEER BAY, VIC, 3984 | 3 | 2 | 2 | Under Offer |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Pioneer Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Pioneer Bay 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.6 | 16.2 | 24.6 | 55.8 | 88.5 | 3.9 | 25.3 |
| Feb | 1.6 | 16.2 | 24.5 | 54.1 | 87.9 | 3.7 | 21 |
| Mar | 1.6 | 14.9 | 22.9 | 53.2 | 87.3 | 3.8 | 15.8 |
| Apr | 1.7 | 13.2 | 20.3 | 57.0 | 89.6 | 3.3 | 10.9 |
| May | 2.9 | 10.7 | 16.4 | 62.0 | 90.3 | 3.5 | 7.7 |
| Jun | 2.2 | 8.7 | 14.1 | 67.2 | 92 | 3.5 | 6.9 |
| Jul | 2.3 | 8.2 | 13.5 | 65.0 | 90.7 | 4.4 | 7.4 |
| Aug | 2.6 | 8.1 | 14.1 | 61.8 | 90.5 | 4 | 10.0 |
| Sept | 1.9 | 9.4 | 16.3 | 56.7 | 90.6 | 3.7 | 14.3 |
| Oct | 1.6 | 11.1 | 18.8 | 57.4 | 90.7 | 3.5 | 19.0 |
| Nov | 5.1 | 12.6 | 20.7 | 54.0 | 88.2 | 3.6 | 22.4 |
| Dec | 1.3 | 14.6 | 24.0 | 51.8 | 87 | 3.8 | 28.3 |
source: Australian Government Bureau of Meteorology
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