Thinking about buying in Lancefield? Now could not be a better time, with 1711 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $972,000 with prices in this suburb ranging from $295,000 to $3,281,000. The aproximate distance to the coast is 56 Km.
Median Weekly Rent | $358.33 |
Median Monthly Mortgage | $1656.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.67 |
Average Age | 41.67 |
Average Income | $745.00 |
Average Cars Per Dwelling | 2.09 |
Average Properties Within 50M | 5 |
1 Bed  $667,000 |
2 Bed  $684,000 |
3 Bed  $966,000 |
4 Bed  $1,216,000 |
5 Bed  $1,557,000 |
6 Bed+$1,455,000 |
Consistent high demand relative to supply is a key feature in Lancefield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lancefield are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lancefield provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Lancefield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Lancefield 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.
39 PARK LANE, LANCEFIELD, VIC, 3435 | 4 | 2 | 6 | $750,000 - $790,000 |
St Mary's School
Lancefield Primary School
(While the above schools are located with the suburb of Lancefield 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 | 1.6 | 12.6 | 26.3 | 37.4 | 92.8 | 6.6 | 25.2 |
Feb | 1.5 | 12.9 | 25.4 | 41.9 | 93.8 | 6.3 | 20.9 |
Mar | 1.8 | 11.5 | 21.9 | 49.0 | 94.4 | 6.1 | 16.5 |
Apr | 1.7 | 9.4 | 17.6 | 57.0 | 94.2 | 5.9 | 12.1 |
May | 2.0 | 6.8 | 12.9 | 68.9 | 96.2 | 6.4 | 8.8 |
Jun | 2.5 | 5.0 | 10.1 | 78.9 | 98.4 | 6.4 | 7.3 |
Jul | 2.2 | 4.2 | 9.4 | 80.2 | 98.7 | 7.0 | 7.4 |
Aug | 2.2 | 4.2 | 10.5 | 71.0 | 98.1 | 6.8 | 10.2 |
Sept | 2.4 | 5.9 | 13.6 | 61.5 | 95.5 | 6.8 | 14.8 |
Oct | 2.0 | 7.3 | 16.9 | 56.6 | 95.3 | 6.7 | 19.1 |
Nov | 2.4 | 9.2 | 20.4 | 49.2 | 96.1 | 6.2 | 22.6 |
Dec | 1.6 | 11.0 | 23.8 | 41.1 | 94.7 | 6.3 | 26.0 |
source: Australian Government Bureau of Meteorology
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