Thinking about buying in Shannonvale? Now could not be a better time, with just 151 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $936,000 with prices in this suburb ranging from $583,000 to $1,911,000. Shannonvale is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
| Median Weekly Rent | $250.00 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 45.00 |
| Average Income | $582.00 |
| Average Cars Per Dwelling | 1.61 |
| Average Properties Within 50M | 2 |
| 2 Bed $600,000 |
| 3 Bed $931,000 |
| 4 Bed $944,000 |
| 5 Bed $1,910,000 |
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 Shannonvale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Shannonvale changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Shannonvale 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 Shannonvale 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.
None within suburb boundary
(While the above schools are located with the suburb of Shannonvale 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 | 4.7 | 10.0 | 18.5 | 46.9 | 87.8 | 4.4 | 25.4 |
| Feb | 4.4 | 8.8 | 17.3 | 52.6 | 91.2 | 4.7 | 21.1 |
| Mar | 3.5 | 6.8 | 14.4 | 57.8 | 93.1 | 4.7 | 16.5 |
| Apr | 4 | 3.6 | 10.1 | 63.8 | 95.7 | 5.3 | 12.4 |
| May | 3.3 | 0.4 | 5.6 | 67.6 | 95.8 | 5.9 | 8.5 |
| Jun | 4.6 | -1.7 | 2.6 | 74.4 | 96.4 | 6.2 | 6.7 |
| Jul | 4.2 | -2.7 | 1.2 | 76.2 | 96.9 | 6.9 | 5.7 |
| Aug | 4.4 | -3.3 | 1.3 | 75.1 | 97.9 | 6.5 | 8.7 |
| Sept | 3.7 | -0.4 | 5.4 | 61.0 | 96.9 | 6.9 | 15.2 |
| Oct | 5.1 | 2.1 | 9.7 | 59.7 | 94.4 | 5.6 | 20.7 |
| Nov | 4.1 | 5.2 | 13.5 | 53.3 | 92.6 | 5.8 | 24.8 |
| Dec | 3.7 | 7.2 | 16.3 | 47 | 89.5 | 5.5 | 26.6 |
source: Australian Government Bureau of Meteorology
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