Thinking about buying in Langwarrin South? Now could not be a better time, with 558 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,032,000 with prices in this suburb ranging from $682,000 to $3,823,000. Langwarrin South is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Consistent high demand relative to supply is a key feature in Langwarrin South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Langwarrin South are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Langwarrin South 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 Langwarrin South 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 Langwarrin South 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 Langwarrin South a better buying opportunity than it may have been in the past.
105 west rd, langwarrin south, vic, 3911 | 5 | 3 | 2 | $2,500,000 |
Woodleigh School
Bayside Christian College
Baxter Primary School
Kingsley Park Primary School
Mount Erin Secondary College
Pearcedale Primary School
St Augustine's School
(While the above schools are located with the suburb of Langwarrin South 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 | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
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