Thinking about buying in Wallington? Now could not be a better time, with 1102 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,078,000 with prices in this suburb ranging from $846,000 to $3,908,000. Wallington is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $536.20 |
Median Monthly Mortgage | $2132.40 |
Median Persons Per Bedroom | 0.76 |
Average Household Size | 2.80 |
Average Age | 45.40 |
Average Income | $888.40 |
Average Cars Per Dwelling | 2.12 |
Average Properties Within 50M | 8 |
1 Bed  $950,000 |
2 Bed  $2,044,000 |
3 Bed  $1,546,000 |
4 Bed  $1,872,000 |
5 Bed  $2,322,000 |
6 Bed+$2,198,000 |
Consistent high demand relative to supply is a key feature in Wallington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Wallington 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 Wallington 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 Wallington 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. 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.
231-239 SWAN BAY RD, WALLINGTON, VIC, 3222 | 4 | 2 | 1 | $1,500,000 -$1,600,000 |
Wallington Primary School
Bellarine Secondary College
Our Lady Star of the Sea School
Surfside Primary School
Saint Ignatius College Geelong
St Thomas Primary School
Ocean Grove Primary School
(While the above schools are located with the suburb of Wallington 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 | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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