Thinking about buying in Bolwarra? Now could not be a better time, with just 393 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $634,000 with prices in this suburb ranging from $160,000 to $1,836,000. Bolwarra is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
In Bolwarra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Bolwarra is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Bolwarra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Bolwarra requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Bolwarra we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bolwarra a better buying opportunity than it may have been in the past.
Bolwarra Primary School
Portland North Primary School
(While the above schools are located with the suburb of Bolwarra there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 11.6 | 23.5 | 34.2 | 44 | 88 | 3.0 | 23.1 |
| Feb | 7.5 | 22.6 | 33.6 | 45.3 | 89.9 | 2.7 | 22.9 |
| Mar | 4.6 | 22.4 | 33.8 | 42.0 | 88.9 | 2.5 | 22.6 |
| Apr | 1.2 | 20.4 | 32.8 | 38.2 | 82.8 | 3.0 | 21.3 |
| May | 0.3 | 17.0 | 30.3 | 33.9 | 80.5 | 3.2 | 18.7 |
| Jun | 0.1 | 12.9 | 28.7 | 29.8 | 80.4 | 2.7 | 17.2 |
| Jul | 0.2 | 14.3 | 28.4 | 29.6 | 71.8 | 3.3 | 18.4 |
| Aug | 0.0 | 14.8 | 30.9 | 22.9 | 70.0 | 3.0 | 20.3 |
| Sept | 0.1 | 17.2 | 34 | 19.1 | 65.2 | 3.4 | 24.0 |
| Oct | 0.3 | 20.0 | 35.8 | 20.1 | 65.9 | 3.6 | 26.6 |
| Nov | 2.4 | 23.0 | 37.3 | 23.3 | 70.6 | 3.5 | 27.5 |
| Dec | 3.6 | 23.9 | 37.1 | 29.2 | 75.3 | 3.3 | 27.6 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!