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All About Broadmeadows, Hume, VIC, 3047

BROADMEADOWS, a suburb situated within the City of Hume in Victoria, has been experiencing notable dynamics in its housing market. Traditionally, Broadmeadows has been considered a more affordable option compared to many other Melbourne suburbs, which has attracted a diverse population seeking reasonable property prices. In recent years, the area's real estate market has shown signs of growth, sparked by ongoing urban development and improved infrastructure. The suburb offers a mix of property types, including traditional family homes, modern townhouses, and an increasing number of apartment complexes, catering to a variety of buyers and renters. The proximity to Melbourne's central business district, together with convenient access to public transport including a train station and major roadways, enhances its appeal to both investors and homebuyers looking for opportunities outside the bustling inner city.

Living in Broadmeadows offers residents a blend of convenience and community. This suburb features a range of amenities that support a comfortable lifestyle, including shopping centers like Broadmeadows Central, numerous schools, and healthcare facilities. The local community is enriched by its multicultural makeup, providing a vibrant social fabric and offering diverse cultural experiences, from food to festivals. Outdoor enthusiasts enjoy the green spaces and parks that the area provides, while families benefit from the community-focused environment. Despite its growth, Broadmeadows retains a down-to-earth charm, appealing to those who appreciate suburban living with the benefits of city proximity. With continued investments aimed at infrastructure and community development, residents can look forward to further enhancements to the quality of life in the suburb.

Household Makeup

Median Weekly Rent $337.61
Median Monthly Mortgage $1386.35
Median Persons Per bed houseroom 1.01
Average Household Size 3.04
Average Age 33.04
Average Income $471.39
Average Cars Per Dwelling 1.61
Average Properties Within 50M 27
Typical 1 bed house$816,000
Typical 2 bed house$543,000
Typical 3 bed house$797,000
Typical 4 bed house$841,000
Typical 5 bed house$992,000
Typical 6 bed+ house$976,000

Housing Stock

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Broadmeadows Real Estate Market Outlook

Thinking about buying in Broadmeadows? Now could not be a better time, with 7375 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $730,000 with prices in this suburb ranging from $323,000 to $8,681,000. The aproximate distance to the coast is 12 Km.

In Broadmeadows there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Broadmeadows due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Broadmeadows leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Broadmeadows to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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Houses for sale Broadmeadows

One Agency 98 Innes Road, Broadmeadows, TAS, 7330 Beds4 Bathrooms1 Parking 9 UNDER CONTRACT!
Properties for sale in Broadmeadows

Local Schools

Broadmeadows Valley Primary School

Broadmeadows Primary School

St Dominic's School

Penola Catholic College

Sirius College

Meadows Primary School

Hume Central Secondary College

Broadmeadows Special Developmental School

Jacana School for Autism

Hume Valley School

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

Broadmeadows 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
Jan1.411.022.151.489.76.124.5
Feb1.411.522.154.189.86.020.3
Mar2.210.120.458.592.15.414.9
Apr2.17.918.066.696.84.810.5
May3.56.515.471.097.14.96.9
Jun3.04.813.973.397.44.36.0
Jul4.45.113.272.196.65.26.1
Aug4.14.813.568.496.75.49.1
Sept2.96.015.065.997.15.713.2
Oct2.16.816.660.995.95.818.8
Nov2.28.518.259.395.0621.9
Dec1.89.820.154.591.16.224.7

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

DallasJacanaGlenroyCoolarooCampbellfieldGladstone ParkHadfieldWestmeadowsMeadow HeightsGowanbrae

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