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Axedale
VIC, 3551 - Greater Bendigo

Thinking about buying in Axedale? Now could not be a better time, with 521 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $954,000 with prices in this suburb ranging from $116,000 to $2,236,000. The aproximate distance to the coast is 114 Km.

Household Makeup

Median Weekly Rent $267.00
Median Monthly Mortgage $1679.00
Median Persons Per Bedroom 0.77
Average Household Size 2.67
Average Age 43.67
Average Income $724.33
Average Cars Per Dwelling 2.43
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $651,000
2 Bed  $666,000
3 Bed  $811,000
4 Bed  $1,000,000
5 Bed  $1,540,000
6 Bed+$1,138,000

Axedale 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 Axedale 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 Axedale 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 Axedale 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 Axedale 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 Axedale

Belle Property 21 LYNCH LANE, AXEDALE, VIC, 3551 Beds4 Bathrooms2 Parking 10 $925,000 - $975,000
Belle Property 85 AXEDALE-GOORNONG RD, AXEDALE, VIC, 3551 Beds4 Bathrooms2 Parking 4 $1190,000 - $1,225,000
Elders 79 RALSTONS LANE, AXEDALE, VIC, 3551 Beds5 Bathrooms2 Parking 6 $1.2m - $1.3m
PRD 100 BURNS ST, AXEDALE, VIC, 3551 Beds Bathrooms $549,000
PRD 320 DWYER LANE, AXEDALE, VIC, 3551 Beds Bathrooms $550,000 - $599,000

Local Schools

Axedale Primary School

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

Axedale 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
Sept1.74.917.644.793.53.515.7
Oct1.37.522.035.488.43.921.1
Nov1.510.425.530.085.54.124.6
Dec0.712.629.023.178.04.428.3
Jan0.714.832.220.975.64.427.3
Feb1.014.830.127.079.44.223.0
Mar1.512.426.333.483.73.718.2
Apr1.58.821.840.188.33.213.4
May1.65.716.953.194.82.89.7
Jun1.73.713.662.096.82.68.0
Jul1.83.012.962.297.03.07.8
Aug1.53.314.353.496.03.211.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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Public Transport


General Points of Interest

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