Thinking about buying in Woodend North? Now could not be a better time, with just 154 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,921,000 with prices in this suburb ranging from $509,000 to $4,739,000. The aproximate distance to the coast is 60 Km.
Median Weekly Rent | $415.00 |
Median Monthly Mortgage | $2258.50 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 3.00 |
Average Age | 47.25 |
Average Income | $873.75 |
Average Cars Per Dwelling | 2.43 |
Average Properties Within 50M | 1 |
1 Bed  $512,000 |
2 Bed  $1,415,000 |
3 Bed  $1,413,000 |
4 Bed  $1,819,000 |
5 Bed  $3,375,000 |
6 Bed+$2,587,000 |
In Woodend North 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. High average incomes in Woodend North 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. A mix of professions and above average income earners in Woodend North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Woodend North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Woodend North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Woodend North a better buying opportunity than it may have been in the past.
78 OLD LANCEFIELD RD, WOODEND NORTH, VIC, 3442 | 0 | 0 | 0 | Offers from $350,000 | |
87 RUSSELLS RD, WOODEND NORTH, VIC, 3442 | 4 | 2 | 8 | $1,600,000 - $1,750,000 |
None within suburb boundary
(While the above schools are located with the suburb of Woodend North 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 | 1.4 | 12.7 | 30.6 | 25.1 | 81.8 | 4.3 | 27.8 |
Feb | 1.3 | 13.4 | 29.9 | 28.1 | 82.7 | 3.9 | 23.5 |
Mar | 2.0 | 11.6 | 26.6 | 34.3 | 87.3 | 3.5 | 18.3 |
Apr | 0.9 | 7.8 | 21.6 | 42.2 | 91.5 | 3.0 | 13.8 |
May | 1.5 | 4.5 | 16.3 | 54.8 | 96.2 | 2.8 | 9.8 |
Jun | 4.9 | 3.4 | 13.3 | 65.8 | 98.0 | 2.5 | 7.9 |
Jul | 2.1 | 3.2 | 12.2 | 67.4 | 97.4 | 2.6 | 7.3 |
Aug | 1.6 | 3 | 13.8 | 57.5 | 95.5 | 3.0 | 10.9 |
Sept | 1.4 | 3.6 | 17.4 | 47.4 | 95.6 | 3.0 | 15.6 |
Oct | 1.6 | 5.8 | 20.7 | 42.5 | 93.9 | 3.3 | 21.9 |
Nov | 1.9 | 8.5 | 24.5 | 35.5 | 91.7 | 3.5 | 24.6 |
Dec | 1.0 | 11.2 | 28.8 | 26.6 | 82.9 | 3.7 | 28.7 |
source: Australian Government Bureau of Meteorology
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