Thinking about buying in Ironbark? Now could not be a better time, with just 269 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $795,000 with prices in this suburb ranging from $467,000 to $2,056,000. The aproximate distance to the coast is 45 Km.
Median Weekly Rent | $320.00 |
Median Monthly Mortgage | $2200.00 |
Median Persons Per Bedroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 37.00 |
Average Income | $1042.00 |
Average Cars Per Dwelling | 2.46 |
Average Properties Within 50M | 1 |
2 Bed  $482,000 |
3 Bed  $741,000 |
4 Bed  $914,000 |
5 Bed  $812,000 |
6 Bed+$1,245,000 |
In Ironbark 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. Low average incomes in Ironbark is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Ironbark 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 Ironbark 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 Ironbark 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 Ironbark a better buying opportunity than it may have been in the past.
West Moreton Anglican College
(While the above schools are located with the suburb of Ironbark 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 | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
06-08-2021 | $3,465,000 | 820 COONOOR RD |
07-06-2021 | $515,000 | 1988 OLD BUNDARRA RD |
12-12-2017 | $2,990,400 | 130 NERANGHI RD |
20-10-2017 | $675,000 | 820 COONOOR RD |
10-05-2016 | $880,000 | 589 OLD BUNDARRA RD |
03-10-2008 | $720,000 | 589 OLD BUNDARRA RD |
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