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Glenaroua
VIC, 3764 - Mitchell

Thinking about buying in Glenaroua? Now could not be a better time, with just 155 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $975,000 with prices in this suburb ranging from $337,000 to $1,598,000. The aproximate distance to the coast is 66 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Glenaroua Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Glenaroua driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Glenaroua are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Glenaroua changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Glenaroua the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Glenaroua

LJ Hooker 95 MCGINTYS LANE, GLENAROUA, VIC, 3764 Beds3 Bathrooms2 Parking 15 Please Call

Local Schools

None within suburb boundary

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

Glenaroua 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
Feb0.213.427.930.980.8522.6
Mar1.412.224.737.984.44.417.0
Apr1.79.320.444.687.13.412.0
May2.26.915.458.893.53.28.6
Jun2.55.512.967.496.02.97.5
Jul1.94.712.168.996.33.27.8
Aug1.54.513.458.595.03.210.8
Oct1.68.620.446.286.74.419.0
Nov0.91225.236.483.94.224.2
Dec0.011.62727.681.25.426.6
Jan1.714.229.829.782.65.524.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Sugarloaf CreekPyalongHigh CampHilldeneMorandingBroadfordTallarookTooboracSunday CreekWillowmavin

Public Transport


General Points of Interest

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