3015, Victoria

Real Estate & Property Information

Price Rank

spotswood Suburb Profile & Review

Spotswood is an inner-western suburb bounded by the Yarra River. The area is largely industrial, though its residential pockets are popular due to their proximity to the city centre. Residents are minutes away from Williamstown's trendy cafes and Yarraville's shopping facilities. Spotswood is perhaps most well-known as the setting of the 1992 comedy film of the same name, starring Anthony Hopkins and Toni Collette.

Families with children enjoy visiting Scienceworks, a world renowned science museum on Booker Street. They have the option to send their children to either Spotswood Primary School or St Margaret Mary's Primary School. Along Hudsons Road there is a small but convenient shopping strip featuring an IGA supermarket, a collection of takeaway shops, and quaint brunch spots such as Duchess of Spotswood. For sports, Donald McLean Reserve hosts the Spotswood Cricket Club, and golfers practice their swing at the Westgate Golf Club. The Artz Collective Performing Arts School offers dancing, acting and singing lessons for aspiring young performers

Trains run from Spotswood Station on the Werribee and Williamstown lines and connect with the City Loop within minutes. The West Gate Freeway borders the area, allowing residents to travel to the city in fifteen minutes.

spotswood Demographic Data

$ 605,000 Median House Price

15 Minutes Average Commute

37 Median Age

2,339 Population

49.98 % Female

50.02 % Male




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 spotswood, Victoria.

Learn more about data

spotswood 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.

spotswood Median House Prices

  • 2008 $ 501,000
  • 2009 $ 495,000
  • 2010 $ 509,000
  • 2011 $ 635,000
  • 2012 $ 605,000

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.

Learn more about data

spotswood 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 spotswood 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 spotswood property price predictions.

spotswood Market Property Types

  • 74 % Seperate House
  • 20 % Semi Detached
  • 4 % 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.

Learn more about data

spotswood 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.

spotswood Income & Mortgage Stats

  • $ 1,502 Median Weekly Household Income
  • $ 2,300 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 spotswood

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.

Learn more about data

spotswood 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.

spotswood Sold Property Prices

spotswood 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.

spotswood Related Local Blog Posts

All About Cheap Dissertation Writing Services

Our rates are affordable to each student. The business provides the wide spectrum of consumer services of top quality. In the end, even though the service we offer isn’t affordable, our discounts will make it even more affordable. Our very best dissertation writing service reviews each and every facet of the undertaking and conducts every

The Do This, Get That Guide On Dissertation Editing Rates

The most important reason is rather easy. You should have your reasons, and our primary concern is that you wind up getting an excellent grade. Pass somebody else’s work as their own, but the distinction is that they are sometimes caught now. The Secret to Dissertation Editing Rates You will then have to demonstrate that

The Hidden Truth About Unity in Mathematics

The Meaning of Unity in Mathematics When you’ve been wrapped up in your research program for quite a while sometimes you eliminate a feeling of what it is that other folks don’t understand, he states. These topics would be quite tedious to manage in a straightforward way but the book indicates that there are easier

What You Need to Do About Dissertations Topic

Researching your topic is most likely the very best thing you can do in order to make sure that you’re choosing the perfect subject for you. It’s important to select a special topic for your project or dissertation to make certain you have the chance to perform your own research and come to your own

Lies You’ve Been Told About Descriptive Essay Ideas

F you with an assortment of exciting game which you would likely 10 descriptive essay, 2014 ideas that may locate some interesting prompts. Contemplating the truth, descriptive essay is a distinctive sort of a term paper, the structure also differs from the one which you are accustomed to. Therefore, here are a few basic methods

The Little-Known Secrets to Resume with Certifications

The Hidden Facts About Resume with Certifications Bear in mind though, potential employers understand that layoffs are a part of the company world game and so long as you explain yourself in a professional

spotswood Restaurants

  • Spottiswoode Hotel62 Hudsons Rdspotswood VIC 301503 9391 1330
  • Al Nada84 Hudsons Rd spotswood VIC 301503 9399 4344

spotswood Cafes

  • Mies Coffee Bar85 Hudsons Rd spotswood VIC 301504 3306 3224
  • Duchess of Spotswood87 Hudsons Rd spotswood VIC 301503 9391 6016

spotswood Schools

  • St. Margaret Marys Primary School181 Hudsons Roadspotswood VIC 3015(03) 9391 3118Catholic Primary School
  • Spotswood Primary SchoolMelbourne Roadspotswood VIC 3015(03) 9391 1323State Primary School

spotswood Kindergarten and Preschools

  • Emma Mclean Kindergarten71 Hope Streetspotswood VIC 3015

spotswood Sporting Centres and Clubs

  • Spotswood-Kingsville RSLspotswood VIC 3015Bowling Club
  • Westgatespotswood VIC 3015Golf Course
  • Spotswood Skate Rampspotswood VIC 3015Skate Park Facility

Find out How Much your House is Worth in spotswood

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

Download Free Market Report
Share with friendsX