seabrook

3028, Victoria

Real Estate & Property Information

Median
Price Rank
352

seabrook Suburb Profile & Review

Seabrook is a suburb in Melbourne's south-west, between Laverton and Hoppers Crossing. Commuters can reach the inner city in twenty-five minutes on the Princes Highway, while several parks and reserves appeal to young families.

A small shopping centre can be found just north of the primary school on Point Cook Road. The Point Cook Town Centre is five minutes away and houses an Aldi, Coles and a Target, as well as almost 150 other retailers.

Seabrook Primary School has a fantastic reputation and offers the International Baccalaureate (IB) Primary Years Program, which is an internationally recognised curriculum. Laverton Secondary College is only five minutes away for families with teenagers. Several bus routes pass through Seabrook as they travel from Hoppers Crossing to Laverton. By taking a bus to Aircraft Station in Laverton, commuters can then catch a train into the city, which will arrive at its destination in less than fifty minutes.

seabrook Demographic Data

$ 405,000 Median House Price

24 Minutes Average Commute

35 Median Age

4,972 Population

49.78 % Female

50.22 % Male

1366 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 seabrook, Victoria.

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seabrook 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.

seabrook Median House Prices

  • 2008 $ 294,000
  • 2009 $ 322,000
  • 2010 $ 350,000
  • 2011 $ 415,000
  • 2012 $ 405,000

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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seabrook 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 seabrook 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 seabrook property price predictions.

seabrook Market Property Types

  • 94 % Seperate House
  • 5 % Semi Detached
  • 1 % 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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seabrook 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.

seabrook Income & Mortgage Stats

  • $ 1,445 Median Weekly Household Income
  • $ 1,733 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 seabrook

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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seabrook 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.

seabrook Sold Property Prices

seabrook 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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seabrook Restaurants

  • Dor Bo Chinese and Malaysian RestaurantShop 7, 73 Point Cook Rd seabrook VIC 302803 9931 1138
  • Domino's Pizza SeabrookSeabrook Plaza Shopping Centre Shop 1 73-75 Point Cook Rd seabrook VIC 302813 0036 6466
  • All India Curry Company73-75 Point Cook Rd seabrook VIC 302803 8360 9229

seabrook Schools

  • Seabrook Primary School83 Point Cook Roadseabrook VIC 3028(03) 9395 1758State Primary School

seabrook Kindergarten and Preschools

  • Seabrook KindergartenTruganina Crescentseabrook VIC 3028

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