Hobsons Bay City, VIC

The City of Hobsons Bay is a local government area in the Australian capital of Melbourne. It encompasses the south-western suburbs, which are located between 6 and 20 kilometers from Melbourne’s central business district.

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It was formed on 22 June 1994 as a result of the state government’s merging of local councils from the cities of Williamstown and Altona, as well as the suburb of South Kingsville from the city of Footscray. It was named after Captain William Hobson.

Professionals account for 24.7 % of employment in Hobsons Bay, followed by Clerical and Administrative Workers at 14.4 %, Managers at 14.3 %, Technicians and Trades Workers at 12.4 %, and Community and Personal Service Workers at 9.4 %.

The typical weekly personal income for Hobsons Bay residents aged 15 years and older is $704.

In Hobsons Bay, 66.0 % of occupied private residences are detached houses, 26.3 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 7.0 % are flats or apartments, and 0.4 % are other dwellings.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Hobsons Bay City, VIC

What other property markets are there near Hobsons Bay City, VIC?

Hobsons Bay City is surrounded by 4 other council areas – Melbourne, Wyndham, Brimbank, Maribyrnong.

Suburbs/localities in this Local Government Area: Newport 3015, Seabrook 3028, Seaholme 3018, South Kingsville 3015, Spotswood 3015, Williamstown 3016, Williamstown North 3016, Altona 3018, Altona Meadows 3028, Altona North 3025

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