bentleigh east

3165, Victoria

Real Estate & Property Information

Median
Price Rank
103

bentleigh east Suburb Profile & Review

Bentleigh East is located in Melbourne's south-east, half an hour from the city centre and mere minutes from Brighton and Port Phillip Bay. California bungalows mix with prestigious new homes and modern townhouses. Families are drawn to homes in the suburb, particularly north of Centre Road, because it falls into the highly sought-after McKinnon Secondary College school zone. Our Lady of the Sacred Heart College, Bentleigh West Primary School, and St. Paul's Primary School are Bentleigh's other schools.

Hodgson's Reserve boasts tennis courts, a football oval, a bowls club and an adventure playground. The Glen Eira Sports and Aquatic Centre with its state-of-the-art aquatic facilities can be found in Bailey Reserve.

The cosmopolitan Centre Road shopping strip contains a plethora of cake shops, pharmacies, newsagents, banks, cafes, multicultural delis and fresh food grocers. For even more variety, Southland Shopping Centre is a short drive away. Bentleigh and Patterson stations provide train services to the city on the Frankston line, and buses also travel to Blackburn and Oakleigh.

bentleigh east Demographic Data

$ 720,000 Median House Price

25 Minutes Average Commute

40 Median Age

25,925 Population

50.94 % Female

49.06 % Male

7229 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 bentleigh east, Victoria.

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bentleigh east 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.

bentleigh east Median House Prices

  • 2008 $ 560,000
  • 2009 $ 600,000
  • 2010 $ 630,500
  • 2011 $ 766,611
  • 2012 $ 720,000

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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bentleigh east 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 bentleigh east 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 bentleigh east property price predictions.

bentleigh east Market Property Types

  • 83 % Seperate House
  • 11 % Semi Detached
  • 6 % 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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bentleigh east 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.

bentleigh east Income & Mortgage Stats

  • $ 1,406 Median Weekly Household Income
  • $ 2,030 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 bentleigh east

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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bentleigh east 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.

bentleigh east Sold Property Prices

bentleigh east 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.

bentleigh east Related Local Blog Posts

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Hangover Stock Brings About Buying Opportunities

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Where is The Property Market Heading?

There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch?

Property Market Trends in Melbourne Which Could Affect Prices

In this final edition we look at what how the Melbourne property market has fared and what whether we are likely to see any changes in property prices, demand for property and economic drivers.

New Research Shows Consumers Who Don’t Own A Home Could Be Worse Off in Retirement

New Research released last week by Roy Morgan shows that people who don’t own a home have become worse off in terms of their net wealth and are jeopardising their retirement.

Is Australian Housing Heading for a Hard Landing or a Financial Cliff?

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bentleigh east Restaurants

  • Vandana Indian Restaurant676 Centre Rd bentleigh east VIC 316503 9570 5343
  • The Fab Curry and Pizza686 Centre Rd bentleigh east VIC 316503 9570 4224
  • Sushi Plus684 Centre Rd bentleigh east VIC 316503 9570 9517

bentleigh east Cafes

  • Cafe Freddo397 Centre Roadbentleigh east VIC 316503 9557 9910
  • Espresso Affair688 Centre Road bentleigh east VIC 316503 9570 9992
  • Caffetteria 295295 Chesterville Roadbentleigh east VIC 316503 9078 9517

bentleigh east Schools

  • St. James College156 Bignell Roadbentleigh east VIC 3165(03) 9575 8100Catholic Secondary School
  • St. Peters Primary School842 Centre Roadbentleigh east VIC 3165(03) 9575 0909Catholic Primary School
  • Southern Autistic School12 Margaretta Streetbentleigh east VIC 3165(03) 9563 8139 Specialist School

bentleigh east Childcare

  • ABC Learning Centre781 South Roadbentleigh east VIC 3165
  • Rainbow Developmental Learning Centre359 Chesterville Rdbentleigh east VIC 3165
  • East Bentleigh Child Care Centre70 East Boundary Roadbentleigh east VIC 3165

bentleigh east Kindergarten and Preschools

  • Bentleigh East Preschool202 East Boundary Roadbentleigh east VIC 3165
  • Brady Road Kindergarten84 Brady Roadbentleigh east VIC 3165
  • Centre Road Kindergarten850 Centre Roadbentleigh east VIC 3165

bentleigh east Sporting Centres and Clubs

  • Coatesvillebentleigh east VIC 3165Bowling Club
  • South Oakleigh Clubbentleigh east VIC 3165Bowling Club
  • Moorabbinbentleigh east VIC 3165Cricket Club

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