Thinking about buying in Bow Bridge? Now could not be a better time, with just 83 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $906,000 with prices in this suburb ranging from $853,000 to $3,840,000. Bow Bridge 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 | $260.00 |
Median Monthly Mortgage | $1709.50 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 53.50 |
Average Income | $582.50 |
Average Cars Per Dwelling | 2.09 |
Average Properties Within 50M | 1 |
2 Bed  $1,093,000 |
3 Bed  $866,000 |
4 Bed  $2,477,000 |
In Bow Bridge 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bow Bridge due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Bow Bridge leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Bow Bridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
None within suburb boundary
(While the above schools are located with the suburb of Bow Bridge 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 | 1.0 | 14.7 | 25.1 | 52.8 | 90.4 | 3.9 | 26.2 |
Feb | 1.3 | 15.3 | 24.7 | 56.3 | 92.4 | 4.0 | 20.2 |
Mar | 0.8 | 14.8 | 24.5 | 53.5 | 92.8 | 3.5 | 17.1 |
Apr | 2.0 | 12.9 | 21.9 | 57.1 | 94.9 | 3.1 | 12.8 |
May | 3.4 | 11.0 | 19.1 | 59.2 | 94.9 | 3.0 | 10.0 |
Jun | 5.8 | 10.2 | 17.1 | 62.2 | 93.9 | 4.0 | 8.3 |
Jul | 6.0 | 8.8 | 16.0 | 63.8 | 96.3 | 4.2 | 8.1 |
Aug | 5.4 | 9.3 | 17.1 | 60.3 | 96.1 | 3.7 | 10.9 |
Sept | 2.9 | 9.5 | 18.1 | 58.0 | 95.7 | 3.9 | 15 |
Oct | 2.6 | 10.5 | 19.1 | 61.1 | 95.0 | 3.8 | 20.5 |
Nov | 2.1 | 11.4 | 20.7 | 56.6 | 95.0 | 3.5 | 23.2 |
Dec | 1.3 | 13.1 | 22.6 | 56.6 | 92.8 | 3.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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