Thinking about buying in Hanging Rock? Now could not be a better time, with just 94 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $462,000 with prices in this suburb ranging from $189,000 to $1,822,000. The aproximate distance to the coast is 124 Km.
| Median Weekly Rent | $270.00 |
| Median Monthly Mortgage | $1442.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.50 |
| Average Age | 45.00 |
| Average Income | $658.00 |
| Average Cars Per Dwelling | 2.20 |
| Average Properties Within 50M | 3 |
| 1 Bed $316,000 |
| 2 Bed $650,000 |
| 3 Bed $507,000 |
| 4 Bed $647,000 |
| 5 Bed $444,000 |
In Hanging Rock 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 Hanging Rock 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. A mix of professions and above average income earners in Hanging Rock 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 Hanging Rock to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Hanging Rock 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 Hanging Rock 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 Hanging Rock 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 | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
| Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
| Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
| Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
| May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
| Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
| Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
| Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
| Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
| Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
| Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
| Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
| 22-01-2024 | $260,000 | 824 BARRY RD |
| 15-12-2023 | $250,000 | 865 BARRY RD |
| 02-08-2023 | $380,000 | 790 BARRY RD |
| 03-03-2023 | $500,000 | 958 BARRY RD |
| 05-05-2022 | $520,000 | 640 SHEARERS RD |
| 04-05-2022 | $200,000 | 145 MORRISONS GAP RD |
| 17-12-2021 | $250,000 | 863 BARRY RD |
| 30-07-2021 | $245,000 | 770 BARRY RD |
| 08-03-2021 | $400,000 | 1191 BARRY RD |
| 07-12-2020 | $480,000 | 11 ANDEVA RD |
| 17-01-2020 | $340,000 | 2372 BARRY RD |
| 19-08-2019 | $390,000 | 6 ANDEVA RD |
| 07-02-2019 | $280,000 | 972 BARRY RD |
| 19-04-2018 | $245,000 | 406 SHEARERS RD |
| 03-11-2017 | $60,000 | 788 BARRY RD |
| 14-07-2017 | $140,000 | 820 BARRY RD |
| 12-01-2017 | $317,500 | 870 BARRY RD |
| 18-11-2016 | $140,000 | 770 BARRY RD |
| 15-12-2015 | $765,000 | 700 SHEARERS ROAD |
| 28-08-2015 | $140,000 | 865 BARRY RD |
| 05-06-2015 | $265,000 | 23 MORRISONS GAP RD |
| 18-05-2015 | $165,000 | 770 BARRY RD |
| 27-02-2015 | $270,000 | 6 ANDEVA RD |
| 29-08-2014 | $150,000 | 71 MORRISONS GAP RD |
| 14-01-2013 | $340,000 | 825 BARRY RD |
| 19-12-2012 | $120,000 | 2482 BARRY RD |
| 31-07-2012 | $250,000 | 751 BARRY RD |
| 02-04-2012 | $300,000 | 1191 BARRY RD |
| 21-12-2010 | $520,000 | 1614 FOREST WAY |
| 19-05-2010 | $175,000 | 896 BARRY RD |
| 18-12-2009 | $1,000,000 | 388 MORRISONS GAP RD |
| 03-04-2009 | $65,000 | 872 BARRY RD |
| 02-03-2009 | $72,500 | 767 BARRY RD |
| 19-08-2008 | $285,000 | 500 SHEARER RD |
| 12-10-2007 | $60,000 | 767 BARRY ROAD |
| 29-06-2007 | $112,000 | 820 BARRY RD |
| 16-04-2007 | $260,000 | 825 BARRY STREET |
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