Thinking about buying in Peterborough? Now could not be a better time, with just 13 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $575,000 with prices in this suburb ranging from $575,000 to $575,000. The aproximate distance to the coast is 105 Km.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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| Average Properties Within 50M |
In Peterborough 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 Peterborough 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. Low average earnings from people in Peterborough 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. 'Lower than average population density constrains growth in Peterborough 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 Peterborough 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 Peterborough a better buying opportunity than it may have been in the past.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.0 | 16.8 | 34.2 | 18.0 | 63.7 | 4.4 | 28.2 |
| Feb | 0.9 | 15.8 | 32.8 | 19.7 | 66.1 | 4.0 | 25.2 |
| Mar | 0.6 | 13.0 | 28.8 | 24.0 | 73.1 | 3.6 | 20.4 |
| Apr | 0.4 | 9.1 | 24.5 | 27.8 | 73.4 | 3.4 | 16.4 |
| May | 0.5 | 6.3 | 19.6 | 38.5 | 82.0 | 3.4 | 12.4 |
| Jun | 0.5 | 3.4 | 15.8 | 46.3 | 87.5 | 3.3 | 10.6 |
| Jul | 0.5 | 3.3 | 15.9 | 41.2 | 85.1 | 3.9 | 11.2 |
| Aug | 0.4 | 3.7 | 17.7 | 31.9 | 80.1 | 4.1 | 13.9 |
| Sept | 0.8 | 6.7 | 21.9 | 27.3 | 77.2 | 4.5 | 18.9 |
| Oct | 0.4 | 9.4 | 25.4 | 21.1 | 75.4 | 4.4 | 25.8 |
| Nov | 0.8 | 12.6 | 29.7 | 17.7 | 68.2 | 4.1 | 28.2 |
| Dec | 0.4 | 15.0 | 32.3 | 16.2 | 63.5 | 4.6 | 30.0 |
source: Australian Government Bureau of Meteorology
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