Thinking about buying in Winslow? Now could not be a better time, with just 195 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $603,000 with prices in this suburb ranging from $219,000 to $865,000. Winslow is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Consistent high demand relative to supply is a key feature in Winslow driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Winslow 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 Winslow 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 Winslow 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 Winslow 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.
5 DUFFY ST, WINSLOW, VIC, 3281 | 3 | 1 | 4 | Under Offer |
None within suburb boundary
(While the above schools are located with the suburb of Winslow 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 | 11.8 | 25.0 | 45.8 | 92.2 | 5.3 | 24.9 |
Feb | 1.2 | 12.6 | 24.6 | 49.2 | 93.0 | 5.2 | 20.5 |
Mar | 1.7 | 11.2 | 22.9 | 50.9 | 94.1 | 5 | 15.7 |
Apr | 2.0 | 9.4 | 19.9 | 54.6 | 95.0 | 4.8 | 11.5 |
May | 2.7 | 7.6 | 16.3 | 64.8 | 95.8 | 5.1 | 8.4 |
Jun | 2.7 | 5.6 | 13.9 | 71.4 | 97.4 | 5.1 | 7.2 |
Jul | 3.0 | 5.6 | 13.4 | 71.5 | 97.3 | 5.9 | 7.3 |
Aug | 2.8 | 5.8 | 14.2 | 65.1 | 95.8 | 5.9 | 10.1 |
Sept | 2.7 | 6.9 | 16.2 | 62.0 | 96.5 | 5.8 | 14.2 |
Oct | 2.2 | 7.8 | 18.4 | 58.8 | 95.6 | 5.4 | 18.9 |
Nov | 1.5 | 9.2 | 20.4 | 54.2 | 94.8 | 5.4 | 21.8 |
Dec | 1.6 | 10.6 | 22.6 | 50.7 | 94.3 | 5.4 | 25.4 |
source: Australian Government Bureau of Meteorology
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