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Boroondara
VIC, 3147

Thinking about buying in Boroondara? Now could not be a better time, with 3999 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,282,000 with prices in this suburb ranging from $666,000 to $6,886,000. Boroondara is located fairly close to the coast at just 7Km 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 $540.28
Median Monthly Mortgage $2984.04
Median Persons Per Bedroom 0.84
Average Household Size 2.88
Average Age 41.72
Average Income $1024.04
Average Cars Per Dwelling 1.80
Average Properties Within 50M 17

Housing Stock

Average Property Prices

1 Bed  $1,723,000
2 Bed  $1,786,000
3 Bed  $2,348,000
4 Bed  $3,025,000
5 Bed  $3,307,000
6 Bed+$3,419,000

Boroondara Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Boroondara driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Boroondara 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 Boroondara provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Boroondara necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Boroondara 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 Boroondara a better buying opportunity than it may have been in the past.

Houses for sale Boroondara

Fletchers UNIT 2, 18 NICHOLAS ST, ASHBURTON, VIC, 3147 Beds3 Bathrooms2 Parking 2 Auction 5th October at 11:00am
Fletchers 17 WILGRA AV, ASHBURTON, VIC, 3147 Beds3 Bathrooms2 Parking 2 For Sale $1,590,000
Professionals 304 HIGH ST, ASHBURTON, VIC, 3147 Beds3 Bathrooms1 Parking 2 1,300,000-$1,350,000 Priced to Sell
Ray White 1 GLEN RD, ASHBURTON, VIC, 3147 Beds3 Bathrooms2 Parking 2 1800000
Stockdale&Leggo 9 POULTER ST, ASHBURTON, VIC, 3147 Beds4 Bathrooms3 Parking 2 Auction

Local Schools

Solway Primary School

Ashburton Primary School

St Michael's School

Glen Iris Primary School

Korowa Anglican Girls' School

Malvern Valley Primary School

The Currajong School

Sacre Coeur

Lloyd Street Primary School

Ashwood High School

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

Boroondara 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
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed


Nearby Suburbs

AshburtonGlen IrisAshwoodChadstoneCamberwellBurwoodMurrumbeenaHughesdaleCarnegieCaulfield East

Public Transport


General Points of Interest

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