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.
Median Weekly Rent | $337.61 |
Median Monthly Mortgage | $1386.35 |
Median Persons Per Bedroom | 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 |
1 Bed  $816,000 |
2 Bed  $543,000 |
3 Bed  $797,000 |
4 Bed  $841,000 |
5 Bed  $992,000 |
6 Bed+$976,000 |
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.
98 innes rd, broadmeadows, tas, 7330 | 4 | 1 | 9 | UNDER CONTRACT! |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 11.0 | 22.1 | 51.4 | 89.7 | 6.1 | 24.5 |
Feb | 1.4 | 11.5 | 22.1 | 54.1 | 89.8 | 6.0 | 20.3 |
Mar | 2.2 | 10.1 | 20.4 | 58.5 | 92.1 | 5.4 | 14.9 |
Apr | 2.1 | 7.9 | 18.0 | 66.6 | 96.8 | 4.8 | 10.5 |
May | 3.5 | 6.5 | 15.4 | 71.0 | 97.1 | 4.9 | 6.9 |
Jun | 3.0 | 4.8 | 13.9 | 73.3 | 97.4 | 4.3 | 6.0 |
Jul | 4.4 | 5.1 | 13.2 | 72.1 | 96.6 | 5.2 | 6.1 |
Aug | 4.1 | 4.8 | 13.5 | 68.4 | 96.7 | 5.4 | 9.1 |
Sept | 2.9 | 6.0 | 15.0 | 65.9 | 97.1 | 5.7 | 13.2 |
Oct | 2.1 | 6.8 | 16.6 | 60.9 | 95.9 | 5.8 | 18.8 |
Nov | 2.2 | 8.5 | 18.2 | 59.3 | 95.0 | 6 | 21.9 |
Dec | 1.8 | 9.8 | 20.1 | 54.5 | 91.1 | 6.2 | 24.7 |
source: Australian Government Bureau of Meteorology
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