bell post hill

3215, Victoria

Real Estate & Property Information

Median
Price Rank
492

bell post hill Suburb Profile & Review

Bell Post Hill is a quiet residential suburb in north Geelong. It is located less than fifteen minutes from the Geelong city centre and just under an hour away from Melbourne. Buses travel from Bell Post Hill to Geelong Station, where commuters can reach Melbourne in an hour.

For residents' shopping needs, Corio Shopping Centre is less than ten minutes away. It features two supermarkets and over 100 specialty stores. Along Beauford Avenue, between Ruhamah Avenue and Fairy Street, there is a fish and chips shop, a chemist and a pizza store.

Kardinia International College is an independent K-12 school located to the south of the suburb. Covenant Christian College is on the other side of the Geelong Ring Road, next to the WH Meyers Reserve, while Rollins Primary School is located on Wolseley Grove. There are other reputable schools in the surrounding suburbs as well.

bell post hill Demographic Data

$ 320,000 Median House Price

55 Minutes Average Commute

43 Median Age

5,007 Population

50.73 % Female

49.27 % Male

1498 NO OF FAMILIES

1.8 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 bell post hill, Victoria.

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bell post hill 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.

bell post hill Median House Prices

  • 2008 $ 250,000
  • 2009 $ 248,500
  • 2010 $ 275,000
  • 2011 $ 311,000
  • 2012 $ 320,000

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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bell post hill 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 bell post hill 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 bell post hill property price predictions.

bell post hill Market Property Types

  • 92 % Seperate House
  • 2 % Semi Detached
  • 5 % Flat or Unit
  • 2 % 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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bell post hill 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.

bell post hill Income & Mortgage Stats

  • $ 911 Median Weekly Household Income
  • $ 1,408 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 bell post hill

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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bell post hill 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.

bell post hill Sold Property Prices

bell post hill 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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bell post hill Cafes

  • Coffee Cartel16 Beauford Avebell post hill VIC 321503 5278 1640

bell post hill Schools

  • Covenant CollegeCreamery Roadbell post hill VIC 3215(03) 5278 5122Private School
  • Kardinia International College29-31 Kardinia Drbell post hill VIC 3215(03) 5278 9999Private School
  • Rollins Primary SchoolWolseley Grovebell post hill VIC 3215(03) 5278 3022State Primary School

bell post hill Childcare

  • Kardinia Kids ELCCnr Ballarat & Anakie Rdbell post hill VIC 3215

bell post hill Kindergarten and Preschools

  • Bell Post Hill Kindergarten58 Ernest Streetbell post hill VIC 3215
  • Covenant College KindergartenCreamery Roadbell post hill VIC 3215
  • Kardinia International College Kinder205 Ballarat Rdbell post hill VIC 3215

bell post hill Sporting Centres and Clubs

  • Bell Post Hill Sports Clubbell post hill VIC 3215Bowling Club
  • Geelong Rangersbell post hill VIC 3215Soccer Club
  • Bell Post Hill Tennis Clubbell post hill VIC 3215Tennis Club & Courts

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