bentleigh

3204, Victoria

Real Estate & Property Information

Median
Price Rank
58

bentleigh Suburb Profile & Review

Bentleigh 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 Demographic Data

$ 872,500 Median House Price

26 Minutes Average Commute

39 Median Age

14,920 Population

51.66 % Female

48.34 % Male

4015 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, Victoria.

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bentleigh 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 Median House Prices

  • 2008 $ 720,000
  • 2009 $ 712,500
  • 2010 $ 730,000
  • 2011 $ 907,500
  • 2012 $ 872,500

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 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 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 property price predictions.

bentleigh Market Property Types

  • 73 % Seperate House
  • 15 % Semi Detached
  • 11 % Flat or Unit
  • 1 % 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 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 Income & Mortgage Stats

  • $ 1,518 Median Weekly Household Income
  • $ 2,000 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

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 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 Sold Property Prices

bentleigh 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 Related Local Blog Posts

Immigrants Are Pushing House Prices Higher

Much of Australia’s history and success has been built on the back immigration but are the current intake levels too high and how are they impacting prices?

Hangover Stock Brings About Buying Opportunities

This week Melbourne’s auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms….

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?

From my experience and talking with real estate agents the Melbourne market has softened no doubt, but are we heading towards a financial cliff?

bentleigh Restaurants

  • Zack's Pizzeria271-275 Centre Road bentleigh VIC 320403 9557 9977
  • Thai Noodles and Rice Bar330 Centre Rd bentleigh VIC 320403 9557 3200
  • Sushi Factory369 Centre Rd bentleigh VIC 320403 9557 8466

bentleigh Cafes

  • Cafe J'Adore504 Centre Roadbentleigh VIC 320403 9557 8504
  • Baked at Bentleigh694 Centre Road bentleigh VIC 320403 9579 1399
  • Southern Loop Cafe973 Nepean Highwaybentleigh VIC 320403 5555 5555

bentleigh Schools

  • Our Lady of Sacred Heart111 Jasper Roadbentleigh VIC 3204(03) 8520 9200Catholic Secondary School
  • St. Pauls Primary School122 Jasper Roadbentleigh VIC 3204(03) 9557 7130Catholic Primary School
  • Tucker Road Bentleigh Primary SchoolTucker Rdbentleigh VIC 3204(03) 9557 2044State Primary School

bentleigh Childcare

  • Bentleigh Family & Child Care134 Brewer Roadbentleigh VIC 3204
  • Roseberry House ELC263 Centre Roadbentleigh VIC 3204

bentleigh Kindergarten and Preschools

  • Bentleigh Preschool9 Higgins Roadbentleigh VIC 3204
  • Bentleigh West Kindergarten21 Patterson Roadbentleigh VIC 3204

bentleigh Sporting Centres and Clubs

  • Ormond/Glen (W), Hodgson Resbentleigh VIC 3204Baseball Club
  • Bentleighbentleigh VIC 3204Bowling Club
  • Bentleigh ClubYawla Stbentleigh VIC 3204Squash Court

bentleigh Retirement Villages

  • Bentleigh Grangebentleigh VIC 3204

Find out How Much your House is Worth in bentleigh

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