Paraparap
VIC, 3240
-
Surf Coast
Thinking about buying in Paraparap? Now could not be a better time, with just 96 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,391,000 with prices in this suburb ranging from $1,299,000 to $8,328,000. Paraparap is located fairly close to the coast at just 7Km 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 | $367.00 |
| Median Monthly Mortgage | $2167.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 41.50 |
| Average Income | $1003.50 |
| Average Cars Per Dwelling | 2.54 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 3 Bed $1,413,000 |
| 4 Bed $2,638,000 |
| 5 Bed $2,749,000 |
Paraparap Real Estate Market Outlook
In Paraparap 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. Incomes in Paraparap 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 Paraparap 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 Paraparap 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 Paraparap 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.
Houses for sale Paraparap
|
250 flaxbournes rd, paraparap, vic, 3240 |  5 |
 1 |
 2 |
$1,950,000 - $2,100,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Paraparap there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Paraparap 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 14.3 | 24.2 | 50.6 | 89.8 | 4.7 | 24.5 |
| Feb | 1.0 | 14.9 | 23.4 | 55.3 | 89.8 | 4.4 | 19.6 |
| Mar | 1.4 | 14.0 | 22.1 | 53.7 | 89.7 | 4.3 | 15.1 |
| Apr | 1.3 | 11.8 | 19.6 | 55.9 | 91.1 | 4.2 | 11.4 |
| May | 2.2 | 9.8 | 16.4 | 60.7 | 91.6 | 4.7 | 8.4 |
| Jun | 2.1 | 8.0 | 14.1 | 66.4 | 92.7 | 4.7 | 7.1 |
| Jul | 2.4 | 7.3 | 13.5 | 64.2 | 91.8 | 5.2 | 7.5 |
| Aug | 2.0 | 7.3 | 14.4 | 59.2 | 91.6 | 5.2 | 10.1 |
| Sept | 1.9 | 8.4 | 16.7 | 53.2 | 90.6 | 5.0 | 14.3 |
| Oct | 1.9 | 9.7 | 18.9 | 52.0 | 90.3 | 4.7 | 19.2 |
| Nov | 1.8 | 11.3 | 20.7 | 52.3 | 90.8 | 4.6 | 22.1 |
| Dec | 1.4 | 12.4 | 22.3 | 52.2 | 90.3 | 4.5 | 25.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Marshall - Greater then 10KM
Birregurra - Greater then 10KM
Waurn Ponds - Greater then 10KM
Port Phillip Ferries (Geelong-Docklands) - Greater then 10KM
Geelong - Greater then 10KM
South Geelong - Greater then 10KM
North Shore - Greater then 10KM
Winchelsea - Greater then 10KM
General Points of Interest
Great Ocean Road Chocolaterie - Less than 10 KM
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