Thinking about buying in German Flat? Now could not be a better time, with just 92 residential dwellings it's a highly sought after location. German Flat is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
| 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 German Flat 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 German Flat 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 German Flat 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. Lower than average population density constrains growth in German Flat 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 German Flat 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.
None within suburb boundary
(While the above schools are located with the suburb of German Flat 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 | |
|---|---|---|---|---|---|---|---|
| Jul | 3.4 | 5.6 | 13.6 | 65.0 | 96.6 | 4.8 | 7.4 |
| Aug | 3.3 | 5.7 | 14.5 | 57.5 | 95.8 | 4.9 | 10.3 |
| Sept | 2.1 | 7.0 | 17.1 | 51.0 | 95.7 | 4.9 | 14.8 |
| Oct | 1.8 | 7.8 | 19.1 | 48.5 | 94.6 | 4.7 | 19.6 |
| Nov | 1.5 | 9.1 | 21.8 | 43.1 | 95.1 | 4.8 | 22.8 |
| Dec | 1.1 | 10.7 | 24.6 | 38.4 | 93.4 | 5.0 | 25.3 |
| Jan | 0.9 | 12.1 | 26.8 | 34.9 | 91.8 | 5.0 | 25.3 |
| Feb | 0.9 | 12.6 | 26.6 | 37.5 | 92.3 | 4.9 | 21.1 |
| Mar | 1.0 | 11.0 | 23.3 | 43.1 | 94.9 | 4.4 | 16.1 |
| Apr | 1.7 | 9.3 | 20.1 | 49.3 | 95.3 | 4.0 | 11.9 |
| May | 2.4 | 7.9 | 16.4 | 60.1 | 95.3 | 4.1 | 8.6 |
| Jun | 3.1 | 6.0 | 14.1 | 67.3 | 96.9 | 4.1 | 7.5 |
source: Australian Government Bureau of Meteorology
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