Thinking about buying in Cottles Bridge? Now could not be a better time, with just 272 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,773,000 with prices in this suburb ranging from $159,000 to $4,330,000. The aproximate distance to the coast is 29 Km.
Median Weekly Rent | $409.00 |
Median Monthly Mortgage | $2202.20 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 42.60 |
Average Income | $927.00 |
Average Cars Per Dwelling | 2.39 |
Average Properties Within 50M | 1 |
1 Bed  $1,166,000 |
3 Bed  $1,608,000 |
4 Bed  $1,902,000 |
5 Bed  $2,310,000 |
Consistent high demand relative to supply is a key feature in Cottles Bridge driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cottles Bridge ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Cottles Bridge provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cottles Bridge to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Cottles Bridge the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
65 BARREENONG RD, COTTLES BRIDGE, VIC, 3099 | 3 | 2 | 2 | 1250000 |
Learning Co-Operative School
Hurstbridge Primary School
Arthurs Creek Primary School
St Andrews Primary School
(While the above schools are located with the suburb of Cottles 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 | |
---|---|---|---|---|---|---|---|
Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
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