The housing market in Laverton, located within the City of Hobsons Bay in Victoria, has been characterized by both opportunity and transformation in recent years. Historically viewed as a more affordable suburb within the metropolitan area of Melbourne, Laverton has attracted a diverse range of residents, including first-time homebuyers and investors. The market encompasses a mix of older-style homes and newer developments, reflecting its evolving character. In recent years, increasing interest in the suburb has spurred gradual property price rises, yet it remains relatively accessible compared to more central locations. Laverton, with its strategic location near transportation hubs such as the Laverton train station and its proximity to the Princes Freeway, appeals to those seeking both convenience and potential for future growth in real estate value.
Living in Laverton offers residents a blend of suburban tranquility and urban connectivity. The community is marked by cultural diversity, contributing to a vibrant local atmosphere that is welcoming and inclusive. Laverton has a range of amenities catering to everyday needs, including schools, parks, local shopping centers, and community facilities. The Antonio Park and Laverton Creek provide green spaces for recreation and leisure, enhancing the quality of life for families and individuals alike. Additionally, its proximity to larger hubs like Werribee and the Melbourne CBD makes it desirable for commuters who prefer a quieter residential setting. With its ongoing development and community initiatives, Laverton continues to foster a comfortable and engaging living environment while maintaining its distinctive suburban charm.
| Median Weekly Rent | $349.53 |
| Median Monthly Mortgage | $1800.33 |
| Median Persons Per bed houseroom | 0.85 |
| Average Household Size | 2.67 |
| Average Age | 32.80 |
| Average Income | $819.00 |
| Average Cars Per Dwelling | 1.57 |
| Average Properties Within 50M | 15 |
| Typical 1 bed house | $544,000 |
| Typical 2 bed house | $616,000 |
| Typical 3 bed house | $805,000 |
| Typical 4 bed house | $888,000 |
| Typical 5 bed house | $912,000 |
| Typical 6 bed+ house | $862,000 |
Housing Stock
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Thinking about buying in Laverton? Now could not be a better time, with 3024 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $758,000 with prices in this suburb ranging from $255,000 to $3,381,000. Laverton is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Laverton 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 Laverton 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. Low average earnings from people in Laverton leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Laverton to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationJennings Street School
Western Autistic School
St Martin de Porres School
Laverton P-12 College
Altona Meadows Primary School
Seabrook Primary School
Queen of Peace Primary School
Carranballac P-9 College
(While the above schools are located with the suburb of Laverton 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 | 1.7 | 22.2 | 36.6 | 20.2 | 56.3 | 6.2 | 27.1 |
| Feb | 1.7 | 21.1 | 34.6 | 26.1 | 62.8 | 5.9 | 23.7 |
| Mar | 1.2 | 18.8 | 31.4 | 29.1 | 67.8 | 5.4 | 20.5 |
| Apr | 0.6 | 15.6 | 28.2 | 27.5 | 67.6 | 4.6 | 17.6 |
| May | 0.4 | 9.7 | 22.2 | 32.1 | 75.2 | 4.3 | 13.8 |
| Jun | 0.6 | 7.3 | 18.6 | 38.7 | 84.4 | 4.1 | 12.4 |
| Jul | 0.6 | 5.7 | 18.4 | 37.7 | 84.5 | 4.0 | 13 |
| Aug | 0.4 | 7.7 | 21.7 | 26.4 | 71.8 | 4.5 | 16.0 |
| Sept | 0.2 | 10.4 | 25.3 | 20.4 | 59.5 | 5.0 | 21.1 |
| Oct | 0.4 | 15.8 | 30.8 | 16.8 | 54.0 | 5.6 | 25.1 |
| Nov | 0.8 | 17.4 | 32.3 | 19.9 | 63.2 | 5.8 | 28.6 |
| Dec | 0.9 | 20.5 | 35.7 | 15.8 | 54.3 | 6.0 | 28.8 |
source: Australian Government Bureau of Meteorology
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