Thinking about buying in Mount Egerton? Now could not be a better time, with just 401 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $804,000 with prices in this suburb ranging from $87,000 to $1,953,000. The aproximate distance to the coast is 46 Km.
Median Weekly Rent | $297.50 |
Median Monthly Mortgage | $1817.67 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.67 |
Average Age | 45.33 |
Average Income | $812.67 |
Average Cars Per Dwelling | 2.42 |
Average Properties Within 50M | 2 |
1 Bed  $521,000 |
2 Bed  $566,000 |
3 Bed  $914,000 |
4 Bed  $1,049,000 |
5 Bed  $1,052,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Mount Egerton 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 Mount Egerton 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 Mount Egerton 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 Mount Egerton 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.
112 TROUNCES LANE, MOUNT EGERTON, VIC, 3352 | 4 | 2 | 4 | 999000 | |
10 STEETLEY LANE, MOUNT EGERTON, VIC, 3352 | 3 | 1 | 2 | 495000 |
Mount Egerton Primary School
Gordon Primary School
(While the above schools are located with the suburb of Mount Egerton 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 | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
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