Thinking about buying in South Wharf? Now could not be a better time, with just 309 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,444,000 with prices in this suburb ranging from $1,444,000 to $1,444,000. South Wharf 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.
Household Makeup
| Median Weekly Rent | $468.75 |
| Median Monthly Mortgage | $1916.75 |
| Median Persons Per Bedroom | 1.03 |
| Average Household Size | 2.25 |
| Average Age | 32.75 |
| Average Income | $1263.25 |
| Average Cars Per Dwelling | 0.91 |
| Average Properties Within 50M | 183 |
Housing Stock
Average Property Prices
South Wharf Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in South Wharf driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in South Wharf ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in South Wharf 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 South Wharf 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Local Schools
South Melbourne Primary School
Montague Continuing Education Centre
Hester Hornbrook Academy
Victorian College Of The Arts Secondary School
Galilee Regional Catholic Primary School
Port Phillip Specialist School
Albert Park Primary School
Port Melbourne Primary School
Ozford College
MacRobertson Girls High School
(While the above schools are located with the suburb of South Wharf there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
South Wharf 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 | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
| Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
| Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
| Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
| May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
| Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
| Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
| Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
| Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
| Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
| Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
| Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 125: Clarendon Street Junction - Less than 1 KM
Stop 125: Clarendon Street Junction - Less than 1 KM
Stop 124A: Casino/MCEC - Less than 1 KM
Stop 124A: Casino/MCEC - Less than 1 KM
Stop D5: The Goods Shed - Less than 1 KM
Stop D5: The Goods Shed - Less than 1 KM
Stop D6: Flinders Street West - Less than 1 KM
Stop D6: Flinders Street West - Less than 1 KM
Stop 125A: Southbank Tram Depot - Less than 1 KM
Stop 125A: Southbank Tram Depot - Less than 1 KM
General Points of Interest
Hall's Taekwondo Centre - Less than 10 KM
Green Acres Golf Club - Less than 10 KM
Trinity College - Less than 5 KM
Como Centre - Less than 5 KM
Admiral Creswell Memorial - Less than 5 KM
Melbourne Cricket Ground - Less than 5 KM
Olympia Gymnasium - Less than 1 KM
Centenary Bridge Pillar - Less than 5 KM
Altona Badminton Centre - Less than 10 KM
Flemington Grandstand - Less than 10 KM
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