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Shoreham
VIC, 3916 - Mornington Peninsula

Thinking about buying in Shoreham? Now could not be a better time, with 942 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,756,000 with prices in this suburb ranging from $770,000 to $20,489,000. Shoreham is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $525.75
Median Monthly Mortgage $1902.25
Median Persons Per Bedroom 0.68
Average Household Size 2.25
Average Age 58.00
Average Income $927.25
Average Cars Per Dwelling 2.05
Average Properties Within 50M 5

Housing Stock

Average Property Prices

1 Bed  $3,332,000
2 Bed  $1,895,000
3 Bed  $2,546,000
4 Bed  $4,379,000
5 Bed  $4,550,000
6 Bed+$6,763,000

Shoreham 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. High average incomes in Shoreham ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Shoreham provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Shoreham 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 Shoreham 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 Shoreham

Buxton 10 PINE GR, SHOREHAM, VIC, 3916 Beds4 Bathrooms3 Parking 2 Private Sale - $2,950,000 - $3,200,000
Buxton 50 SHOREHAM RD, SHOREHAM, VIC, 3916 Beds3 Bathrooms2 Parking 4 Private Sale - $3,000,000 - $3,300,000

Local Schools

None within suburb boundary

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

Shoreham 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
Jan1.413.824.746.686.53.624.7
Feb1.214.325.844.286.23.320.3
Mar1.413.023.646.487.13.015.4
Apr2.110.520.052.289.52.711.9
May2.48.416.757.889.32.98.4
Jun2.46.414.363.790.32.67.2
Jul2.06.213.761.488.73.17.4
Aug2.26.814.655.487.93.510.2
Sept2.47.817.249.788.63.514.4
Oct2.29.119.149.888.73.419.2
Nov2.111.021.150.688.63.222.4
Dec2.012.423.448.188.03.426.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Point LeoRed Hill SouthMerricksMain RidgeFlindersRed HillMerricks BeachBalnarring BeachArthurs SeatMerricks North

Public Transport


General Points of Interest

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