Thinking about buying in Pearcedale? Now could not be a better time, with 1853 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,239,000 with prices in this suburb ranging from $205,000 to $7,276,000. Pearcedale is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $396.70 |
Median Monthly Mortgage | $2161.90 |
Median Persons Per Bedroom | 0.82 |
Average Household Size | 3.00 |
Average Age | 40.60 |
Average Income | $811.60 |
Average Cars Per Dwelling | 2.61 |
Average Properties Within 50M | 6 |
1 Bed  $1,423,000 |
2 Bed  $955,000 |
3 Bed  $1,047,000 |
4 Bed  $1,439,000 |
5 Bed  $1,689,000 |
6 Bed+$2,181,000 |
Consistent high demand relative to supply is a key feature in Pearcedale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Pearcedale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Pearcedale 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 Pearcedale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Pearcedale 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.
14 TERRY ST, PEARCEDALE, VIC, 3912 | 5 | 4 | 2 | 1050000 |
Pearcedale Primary School
Baxter Primary School
(While the above schools are located with the suburb of Pearcedale 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
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!