safety beach

3936, Victoria

Real Estate & Property Information

Price Rank

safety beach Suburb Profile & Review

Safety Beach was originally called Shark Bay before it was decided this might scare off tourists. The small suburb, set between Mount Martha and Arthurs Seat, proves popular with holidaymakers during the summer months due to its scenic beach and excellent fishing conditions.

Martha Cove, a large inland harbour and residential development, has changed the appearance of the area slightly. Restaurants, cafes and retail facilities are all planned for the precinct. Currently, the Martha Cove Harbour is the only protected harbour on the Mornington Peninsula, and it is a safe haven for many local vessels.

Golfing enthusiasts enjoy the use of two courses: Safety Beach Country Club and Mount Martha Valley Golf Club. Safety Beach families send their children to primary and secondary school in nearby Dromana. Retirees are particularly drawn to the area due to the proximity of beautiful Mornington Peninsula wineries, beaches and shopping facilities. The city is an hour and a half away along the Mornington Peninsula Freeway.

safety beach Demographic Data

$ 534,000 Median House Price

60 Minutes Average Commute

49 Median Age

3,518 Population

51.90 % Female

48.10 % 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 safety beach, Victoria.

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safety beach 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.

safety beach Median House Prices

  • 2008 $ 420,000
  • 2009 $ 447,000
  • 2010 $ 406,250
  • 2011 $ 490,000
  • 2012 $ 534,000

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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safety beach 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 safety beach 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 safety beach property price predictions.

safety beach Market Property Types

  • 82 % Seperate House
  • 9 % Semi Detached
  • 9 % 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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safety beach 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.

safety beach Income & Mortgage Stats

  • $ 921 Median Weekly Household Income
  • $ 1,760 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 safety beach

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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safety beach 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.

safety beach Sold Property Prices

safety beach 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.

safety beach Related Local Blog Posts

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?

Have Australians become a bunch of Whingers?

  Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523     Passed in: 194     Sold Before: 99     Sold After: 0     Postponed 14       Source:REIV   Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties

Melbourne’s Daily Average Visitors Nearing 1 Million

According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years

Is Housing Affordability Creating A Gap Between The Rich and The Poor?

Australia’s political parties are using housing affordability as a platform to boost their popularity and polarise the community, but is this a local issue? Low interest rate cycles globally have pushed asset prices up, so how will this affect our market?

Households under Mortgage Stress Could Surpass 800,000

The latest unemployment figure releases last week show the Australian economy is growing but is this true? We scratch the surface and look at the problem with our wage growth, our youth unemployment and why many households are suffering mortgage stress.

safety beach Restaurants

  • Atrium10 Country Club Drivesafety beach VIC 393603 5981 8123

safety beach Cafes

  • Heronswood Cafe105 Dromana Pdesafety beach VIC 393603 5983 7318

safety beach Sporting Centres and Clubs

  • Safety Beach Sailing Clubsafety beach VIC 3936Boating Club
  • Safety Beach Aquaticsafety beach VIC 3936
  • Safety Beach Country Clubsafety beach VIC 3936Golf Course

safety beach Retirement Villages

  • Grand Pacificsafety beach VIC 3936
  • Sunrise Supported Livingsafety beach VIC 3936

Find out How Much your House is Worth in safety beach

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