Drumcondra
VIC, 3215
-
Greater Geelong
Thinking about buying in Drumcondra? Now could not be a better time, with just 300 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,794,000 with prices in this suburb ranging from $525,000 to $3,124,000. Drumcondra is located fairly close to the coast at just 0Km 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 | $395.00 |
| Median Monthly Mortgage | $2019.50 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 45.50 |
| Average Income | $1019.50 |
| Average Cars Per Dwelling | 1.75 |
| Average Properties Within 50M | 11 |
Housing Stock
Average Property Prices
| 1 Bed $1,932,000 |
| 2 Bed $1,264,000 |
| 3 Bed $1,423,000 |
| 4 Bed $1,810,000 |
| 5 Bed $2,028,000 |
| 6 Bed+$1,932,000 |
Drumcondra Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Drumcondra driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Drumcondra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Drumcondra 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 Drumcondra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Drumcondra 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 Drumcondra a better buying opportunity than it may have been in the past.
Houses for sale Drumcondra
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3 DRUMCONDRA AV, DRUMCONDRA, VIC, 3215 |  4 |
 2 |
 1 |
$1,575,000 - $1,675,000 |
Local Schools
St Patrick's School
Ashby Primary School
Hamlyn Views School
St John's Lutheran School Geelong
Manifold Heights Primary School
Herne Hill Primary School
Matthew Flinders Girls Secondary College
Clonard College
Holy Spirit Parish School
Newtown Primary School
(While the above schools are located with the suburb of Drumcondra there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Drumcondra 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
| Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
| Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
| Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
| May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
| Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
| Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
| Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
| Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
| Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
| Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
| Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Marshall - Less than 10 KM
Port Phillip Ferries (Portarlington-Docklands) - Greater then 10KM
Waurn Ponds - Greater then 10KM
Port Phillip Ferries (Geelong-Docklands) - Less than 2 KM
Geelong - Less than 2 KM
Queenscliff - Sorrento Ferry - Greater then 10KM
South Geelong - Less than 5 KM
Little River - Greater then 10KM
North Shore - Less than 5 KM
Winchelsea - Greater then 10KM
General Points of Interest
Barwon Valley Golf Course - Less than 10 KM
Geelong Homemakers Centre - Less than 10 KM
Geelong Lawn Tennis Club - Less than 5 KM
Geelong Racecourse - Less than 10 KM
Belmont Village - Less than 5 KM
Barrabool Hills Plaza - Less than 10 KM
Leisuretime Sports Precinct - Less than 5 KM
Geelong Aquatic Centre - Less than 5 KM
Korean War Memorial - Less than 1 KM
Queens Park Golf Course - Less than 5 KM
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