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Woolamai
VIC, 3995 - Bass Coast

Thinking about buying in Woolamai? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,510,000 with prices in this suburb ranging from $345,000 to $2,853,000. Woolamai is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Woolamai Real Estate Market Outlook

In Woolamai 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 Woolamai 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 Woolamai 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 Woolamai 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 Woolamai 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 Woolamai a better buying opportunity than it may have been in the past.

Properties for sale Woolamai

Stockdale&Leggo 315 WOOLAMAI RD, WOOLAMAI, VIC, 3995 Beds4 Bathrooms2 Parking 4 $850,000
Stockdale&Leggo 27 MCGRATH RD, WOOLAMAI, VIC, 3995 Beds4 Bathrooms2 Parking 6 $2,100,000 - $2,150,000

Local Schools

None within suburb boundary

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

Woolamai 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
Jan1.616.224.655.888.53.925.3
Feb1.616.224.554.187.93.721
Mar1.614.922.953.287.33.815.8
Apr1.713.220.357.089.63.310.9
May2.910.716.462.090.33.57.7
Jun2.28.714.167.2923.56.9
Jul2.38.213.565.090.74.47.4
Aug2.68.114.161.890.5410.0
Sept1.99.416.356.790.63.714.3
Oct1.611.118.857.490.73.519.0
Nov5.112.620.754.088.23.622.4
Dec1.314.624.051.8873.828.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

KilcundaBassAndersonArchies CreekRyanstonGlen ForbesDalystonAlmurtaSan RemoAdams Estate

Public Transport


General Points of Interest

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