Thinking about buying in Northwood? Now could not be a better time, with just 394 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $5,903,000 with prices in this suburb ranging from $1,904,000 to $32,119,000. Northwood 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.
Household Makeup
| Median Weekly Rent | $1000.50 |
| Median Monthly Mortgage | $3799.00 |
| Median Persons Per Bedroom | 0.75 |
| Average Household Size | 3.00 |
| Average Age | 46.50 |
| Average Income | $1455.00 |
| Average Cars Per Dwelling | 2.02 |
| Average Properties Within 50M | 11 |
Housing Stock
Average Property Prices
| 1 Bed $3,819,000 |
| 2 Bed $6,114,000 |
| 3 Bed $3,619,000 |
| 4 Bed $5,037,000 |
| 5 Bed $7,065,000 |
| 6 Bed+$15,952,000 |
Northwood Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Northwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Northwood 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 Northwood 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 Northwood 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.
Houses for sale Northwood
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VELZAN FARM, 330 COWLES RD, NORTHWOOD, VIC, 3660 |  5 |
 2 |
Under Offer |
Local Schools
Greenwich Public School
Currambena Primary School
St Michael's Catholic Primary School
Bradfield College
Lane Cove Public School
Royal North Shore Hospital School
Marist Sisters' College Woolwich
Artarmon Public School
St Ignatius' College
Naremburn School
(While the above schools are located with the suburb of Northwood there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Northwood 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 15.8 | 31.6 | 25.9 | 81.2 | 5.3 | 26.0 |
| Feb | 0.3 | 14.3 | 30.1 | 26.4 | 79.9 | 4.7 | 23.6 |
| Mar | 1.6 | 13.1 | 25.3 | 36.8 | 83.8 | 4.2 | 16.8 |
| Apr | 2.7 | 10.2 | 21.0 | 44.5 | 86.2 | 3.4 | 11.9 |
| May | 1.7 | 7.1 | 16.0 | 58.6 | 93.7 | 3.3 | 8.8 |
| Jun | 2 | 5.5 | 13.4 | 67.5 | 96.6 | 3 | 7.6 |
| Jul | 1.4 | 5.3 | 12.5 | 68.5 | 96.4 | 3.4 | 7.9 |
| Aug | 1.6 | 4.6 | 13.6 | 58.6 | 95.7 | 3.4 | 10.7 |
| Sept | 1.7 | 6.9 | 17.4 | 47.8 | 92 | 4.1 | 16 |
| Oct | 1.4 | 9.6 | 21.6 | 41.4 | 87.2 | 4.4 | 19.4 |
| Nov | 1.0 | 11.2 | 25.4 | 29.6 | 85.2 | 4.6 | 23.4 |
| Dec | 0.8 | 11.8 | 26 | 28.8 | 81.7 | 5.2 | 26.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadford - Greater then 10KM
Nagambie - Greater then 10KM
Tallarook - Greater then 10KM
Murchison East - Greater then 10KM
Kilmore East - Greater then 10KM
Seymour - Greater then 10KM
General Points of Interest
Seymour Plaza - Greater then 10KM
Seymour Swimming Centre - Greater then 10KM
Tank - Greater then 10KM
Frank Hurley Plaque - Greater then 10KM
Seymour Time Capsule - Greater then 10KM
Fire brigade memorial - Greater then 10KM
Memorial Swimming pool - Greater then 10KM
D3 684 - Greater then 10KM
Goulburn Ovens Institute of TAFE - Seymour - Greater then 10KM
Seymour Bowling Club - Greater then 10KM
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