Thinking about buying in Gerard? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
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In Gerard 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 Gerard 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 Gerard 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 Gerard necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Gerard 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 Gerard a better buying opportunity than it may have been in the past.
None within suburb boundary
(While the above schools are located with the suburb of Gerard 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 | 0.3 | 15.3 | 33.3 | 18.2 | 76 | 4.0 | 27.6 |
Feb | 0.8 | 15.3 | 31.8 | 23.3 | 79.7 | 3.8 | 23.9 |
Mar | 0.4 | 12.6 | 28.7 | 24.9 | 84.3 | 3.4 | 19.5 |
Apr | 0.9 | 9.2 | 24.4 | 30.9 | 87.9 | 2.9 | 14.1 |
May | 0.6 | 6.3 | 19.8 | 39.8 | 93.3 | 2.8 | 10.6 |
Jun | 0.5 | 4.6 | 16.7 | 47.1 | 96.0 | 2.5 | 9.5 |
Jul | 0.6 | 4.5 | 16.5 | 44.7 | 94.5 | 3.1 | 9.8 |
Aug | 0.7 | 4.6 | 17.8 | 36.6 | 93.0 | 3.3 | 12.4 |
Sept | 0.9 | 6.7 | 21.8 | 27.7 | 89.2 | 3.8 | 17.2 |
Oct | 0.5 | 8.9 | 25.6 | 22.2 | 86.0 | 3.8 | 22.0 |
Nov | 0.6 | 11.2 | 28.3 | 19.6 | 83.2 | 4.0 | 26.3 |
Dec | 0.5 | 14.1 | 31.7 | 17.6 | 76.5 | 4.1 | 27.7 |
source: Australian Government Bureau of Meteorology
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