avondale heights

3034, Victoria

Real Estate & Property Information

Median
Price Rank
216

avondale heights Suburb Profile & Review

A quiet residential suburb only twenty minutes from the city, Avondale Heights is a lush green area with a fantastic community atmosphere. Situated in the City of Moonee Valley, it is surrounded on three sides by the Maribyrnong River.

Along Military Road there are cafes and retail stores, though Highpoint Shopping Centre is a stone's throw away in neighbouring Maribyrnong. The Maribyrnong River Trail is a popular walking and bicycle trail for local residents that weaves along the Maribyrnong River. Canning Reserve is a great place to exercise or just relax along the water's edge.

There are three primary schools in Avondale Heights. Maribyrnong Secondary College and St Bernard's College are nearby for high school aged students. Victoria University's Sunshine Campus, which offers training in building and construction trade, is less than ten minutes away. Four bus routes also service the suburb.

avondale heights Demographic Data

$ 539,000 Median House Price

22 Minutes Average Commute

43 Median Age

10,990 Population

51.29 % Female

48.71 % Male

3207 NO OF FAMILIES

1.7 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in avondale heights, Victoria.

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avondale heights Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

avondale heights Median House Prices

  • 2008 $ 366,000
  • 2009 $ 440,000
  • 2010 $ 460,000
  • 2011 $ 576,005
  • 2012 $ 539,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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avondale heights 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in avondale heights have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term avondale heights property price predictions.

avondale heights Market Property Types

  • 88 % Seperate House
  • 6 % Semi Detached
  • 7 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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avondale heights Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

avondale heights Income & Mortgage Stats

  • $ 1,100 Median Weekly Household Income
  • $ 1,800 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in avondale heights

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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avondale heights Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

avondale heights Sold Property Prices

avondale heights Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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avondale heights Restaurants

  • Chau Restaurant155 Military Rd avondale heights VIC 303403 9317 9999
  • Chanai Cafe & Restaurant155 Military Rdavondale heights VIC 303403 9337 6223
  • Bangkok House11 Military Rd avondale heights VIC 303403 9004 1553

avondale heights Cafes

  • Chanai's Cafe & Restaurant155 Military Rdavondale heights VIC 303403 9337 6223
  • The Big Break CafeShop 6, 51 Military Rdavondale heights VIC 303403 9318 1499
  • Bella & Harmony Cafe35 Military Roadavondale heights VIC 303403 9318 7807

avondale heights Schools

  • St. Martin de Porres Primary School158 Military Roadavondale heights VIC 3034(03) 9331 9000ÊCatholic Primary School
  • Avondale Primary School 11 Clarendon Streetavondale heights VIC 3034(03) 9318 1755State Primary School

avondale heights Childcare

  • Future Kids Child Care63 Canning Streetavondale heights VIC 3034

avondale heights Kindergarten and Preschools

  • Avondale Heights Kindergarten7 Clarendon Streetavondale heights VIC 3034
  • Rhonda Davis KindergartenLake Streetavondale heights VIC 3034
  • WonderKindyavondale heights VIC 3034

avondale heights Sporting Centres and Clubs

  • Avondale Heightsavondale heights VIC 3034Soccer Club
  • Avondale Heights T. Clubavondale heights VIC 3034Tennis Club & Courts

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