Thinking about buying in Mount Schank? Now could not be a better time, with just 215 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $984,000 with prices in this suburb ranging from $372,000 to $3,839,000. Mount Schank is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Mount Schank Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Mount Schank 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 Mount Schank 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 Mount Schank 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 Mount Schank 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.
Local Schools
Allendale East Area School
(While the above schools are located with the suburb of Mount Schank there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mount Schank weather - Average Local Climate by month
| (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
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Sinkhole - Less than 10 KM
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