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Hobsons Bay
VIC, 3018

Thinking about buying in Hobsons Bay? Now could not be a better time, with 1001 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,475,000 with prices in this suburb ranging from $277,000 to $4,252,000. Hobsons Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $370.00
Median Monthly Mortgage $2000.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 46.00
Average Income $748.00
Average Cars Per Dwelling 1.75
Average Properties Within 50M 13

Housing Stock

Average Property Prices

1 Bed  $768,000
2 Bed  $954,000
3 Bed  $1,598,000
4 Bed  $1,756,000
5 Bed  $2,279,000
6 Bed+$1,921,000

Hobsons Bay Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Hobsons Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Hobsons Bay 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 Hobsons Bay 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 Hobsons Bay 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 Hobsons Bay 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 Hobsons Bay a better buying opportunity than it may have been in the past.

Houses for sale Hobsons Bay

Ray White 1-3 ESPLANADE, SEAHOLME, VIC, 3018 Beds1 Bathrooms1 Parking 0 3000000
Ray White 16 CIVIC PDE, SEAHOLME, VIC, 3018 Beds3 Bathrooms2 Parking 2 1300000

Local Schools

Seaholme Primary School

St Mary's School

Altona Primary School

Altona P-9 College

(While the above schools are located with the suburb of Hobsons Bay 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.

Hobsons Bay 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
Jan1.31526.941.686.25.025.2
Feb0.915.126.244.188.24.820.5
Mar0.913.423.945.489.14.516.0
Apr1.310.620.84991.84.111.9
May1.28.217.355.891.94.38.8
Jun1.26.114.662.594.54.07.4
Jul1.06.214.359.092.24.87.8
Aug1.26.315.15391.55.010.4
Sept1.47.618.246.190.25.214.8
Oct1.58.920.146.291.34.919.2
Nov2.211.422.644.690.34.922.4
Dec1.312.824.742.387.95.025.7

source: Australian Government Bureau of Meteorology


Internet Speed


Nearby Suburbs

SeaholmeAltonaAltona NorthNewportWilliamstownSouth KingsvilleBrooklynSpotswoodAltona MeadowsYarraville

Public Transport


General Points of Interest

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