Thinking about buying in Bend Of Islands? Now could not be a better time, with just 161 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,269,000 with prices in this suburb ranging from $468,000 to $1,923,000. The aproximate distance to the coast is 30 Km.
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 |
Consistent high demand relative to supply is a key feature in Bend Of Islands driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Bend Of Islands 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 Bend Of Islands 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 Bend Of Islands 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 Bend Of Islands 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.
285 CATANI BVD, BEND OF ISLANDS, VIC, 3097 | For Sale $399,000 |
Wonga Park Primary School
(While the above schools are located with the suburb of Bend Of Islands 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 | 1.6 | 12.1 | 28.6 | 36.6 | 94.8 | 2.8 | 24.5 |
Feb | 1.9 | 12.1 | 28.0 | 39.5 | 95.3 | 2.7 | 20.5 |
Mar | 1.7 | 10.5 | 25.3 | 42.6 | 96.1 | 2.5 | 15.7 |
Apr | 2.0 | 7.6 | 21.0 | 49.6 | 98.0 | 2.0 | 11.6 |
May | 2.5 | 5.7 | 16.8 | 59.5 | 97.3 | 2.0 | 8.0 |
Jun | 2.2 | 3.7 | 14.1 | 66.1 | 98.0 | 1.9 | 7.2 |
Jul | 2.1 | 4.5 | 13.7 | 63.1 | 96.4 | 2.7 | 7.3 |
Aug | 2.4 | 4.4 | 14.5 | 56.8 | 96.2 | 2.8 | 9.9 |
Sept | 2.4 | 5.4 | 17.5 | 49.1 | 97.4 | 2.8 | 14.0 |
Oct | 2.2 | 7.3 | 20.6 | 47.7 | 96.9 | 2.7 | 18.9 |
Nov | 2.6 | 9.4 | 22.9 | 46.1 | 96.8 | 2.7 | 22.2 |
Dec | 2.3 | 10.2 | 25.8 | 39.7 | 96.5 | 2.8 | 25.3 |
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!