Thinking about buying in Bangholme? Now could not be a better time, with 758 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,423,000 with prices in this suburb ranging from $354,000 to $4,753,000. Bangholme is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $393.71 |
Median Monthly Mortgage | $1633.86 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.00 |
Average Age | 56.00 |
Average Income | $730.14 |
Average Cars Per Dwelling | 1.63 |
Average Properties Within 50M | 19 |
1 Bed  $3,120,000 |
2 Bed  $437,000 |
4 Bed  $2,817,000 |
6 Bed+$2,921,000 |
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 Bangholme 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 Bangholme 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 Bangholme 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 Bangholme 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 Bangholme a better buying opportunity than it may have been in the past.
8 tandara ct, bangholme, vic, 3175 | 3 | 2 | 2 | 525000 |
Cornish College
Chelsea Heights Primary School
Patterson Lakes Primary School
Aspendale Gardens Primary School
Mt Hira College
Bonbeach Primary School
Chelsea Primary School
(While the above schools are located with the suburb of Bangholme there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 15.0 | 26.9 | 42.8 | 86.1 | 4.9 | 25.0 |
Feb | 1.7 | 15.1 | 26.4 | 45.0 | 87.0 | 4.7 | 21.1 |
Mar | 1.4 | 14.0 | 24.2 | 47.3 | 87.9 | 4.5 | 16.3 |
Apr | 2.1 | 11.1 | 20.7 | 51 | 91.3 | 3.9 | 11.8 |
May | 1.8 | 9.0 | 17.2 | 57.1 | 90.8 | 4.2 | 8.5 |
Jun | 1.8 | 6.7 | 14.6 | 63.8 | 93.5 | 3.9 | 7.3 |
Jul | 1.7 | 6.8 | 14.3 | 60.5 | 90.8 | 4.8 | 7.5 |
Aug | 1.8 | 7.3 | 14.9 | 56.3 | 90.2 | 5.0 | 10.2 |
Sept | 1.9 | 8.7 | 17.6 | 50.5 | 89.4 | 5.0 | 14.6 |
Oct | 2.0 | 9.8 | 20.4 | 48.2 | 89.9 | 4.7 | 19.6 |
Nov | 2.5 | 11.8 | 22.3 | 47.0 | 88.7 | 4.8 | 22.8 |
Dec | 2.2 | 13.5 | 24.7 | 44.1 | 87.2 | 4.8 | 25.7 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!