Thinking about buying in Cockatoo? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
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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. High average incomes in Cockatoo 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. The high percentage of professional people in Cockatoo classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Cockatoo 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 Cockatoo 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 Cockatoo a better buying opportunity than it may have been in the past.
35 first av, cockatoo, vic, 3781 | 3 | 2 | 2 | $700,000 to $770,000 |
None within suburb boundary
(While the above schools are located with the suburb of Cockatoo 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 | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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