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Barwon Heads, VIC 3227

Home » VIC Real Estate Data » Greater Geelong City, VIC » Barwon Heads, VIC 3227

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Barwon Heads, VIC 3227 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Barwon Heads, VIC 3227”

  1. The total adult population (15 years or older) of Barwon Heads 3227 VIC is 3,479, with a median age of 46. Of those, 57.40% are married, 10.46% are divorced or separated, 27.28% are single and 4.97% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $11,092. The median monthly mortgage repayment for households in this suburb is $2,184 which is 19.69% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Victoria, the suburb of Barwon Heads 3227 is a dynamic community that estimatedly houses an approximate of 2,592 households. As we venture into the third quarter of 2023, the prevailing prices for residential houses in this area have been noted at a significant $1,705,715. Along with this, the median weekly rent sits at $437. This combination is suggestive of an indicative yield of roughly 1.33%, a somewhat low rate for cash flow-focused property investors indicating the preference of investors towards capital growth or other non-cash flow factors that Barwon Heads has to offer.

    Delving into the more intricate aspects of Barwon Heads’ economic structure, the IRSAD score is promising, rated at 1,100 out of 1,217. This indicative measure, based on various socio-economic factors, reflects a favourable economic standing and potential growth. The lower renter to owner ratio is yet another favourable factor working under Barwon’s advantage, with only 16% indicating a predominant owner-occupied scenario that often matches with stable, more family-oriented neighbourhood and lower probability for property price fluctuations.

    A noticeable aspect of the Barwon Heads market is the units to houses ratio, which currently stands at 8%. This imbalance signifies a market more in favour of standalone houses, suggesting less competition among landlords for tenants and hence can often result in relatively stable rental yields over time.

    Affordability, however, is a touchy subject for prospective buyers in Barwon Heads. The estimated ‘Years to Own’ a property here, assuming a standard mortgage repayment plan, stretches out to a staggering 60 years. This decrease in affordability is a consideration potential investors will need to navigate when contemplating their options here.

    Despite this, housing stock on the market is on the lower side with a stock on market percentage of 0.4%, indicating less competition amongst the sellers. Among these, the inventory level hovers around 1.71 months, showing a relatively quicker sales rate and further emphasising low supply conditions which can positively pressure property prices.

    Building Approvals Ratio is a reasonable 1.46%, suggesting a fairly balanced addition of new dwellings in the area that can mitigate the risks of severe oversupply. It is, however, the days on market (DOM) stat that raises eyebrows, with properties remaining listed for an average of 111 days before being sold, implying a relatively low demand for properties.

    The vacancy rate also sits at a comfortable 2.24%, a neutral indication of demand, while the buy search index is at an average of 5, meaning online buyer sentiment is neither too high nor low compared to the state average.

    The extensive statistics provided offer a tangible reflection of the current state of the property market in Barwon Heads. While there are indexes that reflect slightly unfavourable conditions, such as the indicative yield and DOM, significant favourable metrics such as socio-economic score and supply measures make it an intriguing prospect for investment.

    However, it is crucial to consider the value of the RCS (Relative Composite Score) developed by HtAG Analytics in truly understanding the potential of a suburb. This comprehensive metric ingeniously utilises over 80 different variables within the housing market to provide a tailored, accurate scope of investment suitability, allowing investors to make more informed decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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