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Poowong
VIC, 3988 - South Gippsland

Thinking about buying in Poowong? Now could not be a better time, with 539 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $797,000 with prices in this suburb ranging from $215,000 to $23,428,000. The aproximate distance to the coast is 13 Km.

Household Makeup

Median Weekly Rent $350.00
Median Monthly Mortgage $1530.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 39.00
Average Income $709.00
Average Cars Per Dwelling 2.27
Average Properties Within 50M 4

Housing Stock

Average Property Prices

1 Bed  $682,000
2 Bed  $471,000
3 Bed  $692,000
4 Bed  $1,105,000
5 Bed  $1,257,000
6 Bed+$1,243,000

Poowong 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 Poowong 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 Poowong 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. Medium density in Poowong necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Poowong 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 Poowong

BarryPlant 2 RANCEBY RD, POOWONG, VIC, 3988 Beds2 Bathrooms2 Price Guide: $360,000 - $385,000
BarryPlant 6 RANCEBY RD, POOWONG, VIC, 3988 Beds3 Bathrooms1 Parking 2 Price Guide: $500,000 - $550,000

Local Schools

Poowong Consolidated School

(While the above schools are located with the suburb of Poowong 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.

Poowong 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
Jan1.213.025.449.093.84.324.5
Feb1.513.225.147.688.14.320.1
Mar1.912.123.449.983.74.015.4
Apr2.29.620.252.985.13.511.3
May3.48.016.861.594.23.78
Jun2.9614.663.391.83.36.8
Jul2.46.013.964.4943.97.4
Aug36.414.560.994.04.210.1
Sept2.97.616.857.994.14.214.1
Oct2.48.518.857.694.34.319.0
Nov2.410.120.457.695.54.522.3
Dec2.211.622.454.295.04.425.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Poowong EastPoowong NorthLochJeethoRancebyNyoraMountain ViewHalloraWhitelawAthlone

Public Transport


General Points of Interest

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