epping

3076, Victoria

Real Estate & Property Information

Median
Price Rank
375

epping Suburb Profile & Review

A busy outer northern suburb, Epping is ideal for families craving a suburban lifestyle with plenty of convenient amenities close at hand. Located only forty minutes from the city, residents have easy access to the Western Ring Road and the Hume Freeway. Epping Station offers train services on the South Morang line.

Epping Plaza is a major shopping centre offering more than 200 specialty stores including a Safeway, Coles, Target and Big W. A smaller commercial precinct can also be found at Dalton Village for residents in need of a quieter locale for grocery shopping, takeaway food and health services. Babalui Pizza and Pasta cafe is particularly popular for its tasty gourmet pizzas.

The suburb is home to St Monica's College, one of the biggest Catholic high schools in Australia. The Northern Melbourne Institute of TAFE also has a campus in Epping, which features the Green Skills Centre of Excellence, a provider of specialty training in industries such as agriculture and manufacturing.

epping Demographic Data

$ 390,000 Median House Price

33 Minutes Average Commute

32 Median Age

26,346 Population

50.50 % Female

49.50 % Male

7246 NO OF FAMILIES

1.9 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 epping, Victoria.

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epping 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.

epping Median House Prices

  • 2008 $ 285,000
  • 2009 $ 305,000
  • 2010 $ 345,000
  • 2011 $ 380,000
  • 2012 $ 390,000

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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epping 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 epping 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 epping property price predictions.

epping Market Property Types

  • 81 % Seperate House
  • 12 % 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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epping 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.

epping Income & Mortgage Stats

  • $ 1,283 Median Weekly Household Income
  • $ 1,803 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 epping

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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epping 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.

epping Sold Property Prices

epping 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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epping Restaurants

  • The Heritage Bar & Grill514-516 High Stepping VIC 307603 9401 4015
  • Terracotta Indian GrillShop 6, 2 Lyndarum Driveepping VIC 307603 8405 3530
  • T.G.I. Fridays10/571-583 High Stepping VIC 307603 9401 4544

epping Cafes

  • Rumbles Play Centre And Cafe30 Yale Driveepping VIC 307603 9408 4250
  • Stornellis Pizza Cafe823 High Streetepping VIC 307603 9408 9999
  • Millers Cafe & Take Away92 Wedge Streetepping VIC 307603 9408 5282

epping Schools

  • St.Monicas Dalton Rd Campus16 Davisson Streetepping VIC 3076(03) 9409 8800Catholic Secondary School
  • St.Monicas Davisson St Campus16 Davisson Streetepping VIC 3076(03)Ê9409 8800Catholic Secondary School
  • St. Peters Primary School32 Wedge Streetepping VIC 3076(03) 9408 5762Catholic Primary School

epping Childcare

  • ABC Learning Centre792-796 High Streetepping VIC 3076
  • Pelican Child Care Centre9 Church Stepping VIC 3076
  • Pelican Childcare9 Church Streetepping VIC 3076

epping Kindergarten and Preschools

  • Derby Meadows Preschool21 Winchester Avenueepping VIC 3076
  • Epping North Preschool378 Findon Roadepping VIC 3076
  • Epping Preschool849 High Streetepping VIC 3076

epping Sporting Centres and Clubs

  • Little Athletics Centres, Whittlesea City, Meadowglen Internepping VIC 3076Athletics Club
  • Meadowglen International, Athletics Stadiumepping VIC 3076Athletics Club
  • Epping RSLepping VIC 3076Bowling Club

epping Retirement Villages

  • Plenty Valleyepping VIC 3076

Find out How Much your House is Worth in epping

Request a free market Basic Report for epping to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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