Seaholme

POSTAL CODE: VIC, 3018

HOUSE

UNIT

SEAHOLME, 3018 ranks 3048th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 5.47% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,263,000.

The upward trend in home prices in SEAHOLME, 3018 averaged 4.65% per annum over a 3-year period.

Average weekly rents on listings have reached the $680 mark, reflecting a 2.8% increase in returns based on the current median price in SEAHOLME.

An average of 1.75 real estate transactions take place per month in SEAHOLME which translates to 21 per annum.

21 properties were sold in SEAHOLME in 2016, making it the 465th most active market in VIC based on total real estate transactions.

SEAHOLME, 3018 places 542nd in Australia based on median property value growth during the quarter.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,025,500.

Investors saw the median home price rise to $1,025,500.

The upward trend in home prices in SEAHOLME, 3018 averaged 0% per annum over a 3-year period.

SEAHOLME now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in SEAHOLME are high, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In SEAHOLME, homes and units usually stay on listing for an average of N/A.

10 properties were sold in SEAHOLME in 2016, making it the 412th most active market in VIC based on total real estate transactions.

Surburb overview

Seaholme, bearing the postcode 3018, is a coastal suburb located approximately 13 kilometres south-west of Melbourne's Central Business District (CBD). According to the 2021 census, it has a population of 2,067 residents. The suburb is characterised by a diverse demographic, including young professionals, families, and retirees, with a median age of 44. Most of the population comprises couples with children, reflecting a family-friendly environment.

Public transportation in Seaholme is well-developed, offering residents convenient access to various parts of Melbourne. The Seaholme railway station on the Werribee line serves the suburb, facilitating easy travel to and from the CBD and surrounding areas. Additionally, several bus routes operate through Seaholme, providing further connectivity options.

Seaholme has various essential establishments, including educational institutions, healthcare facilities, and shopping centres. The suburb boasts a variety of cafes, restaurants, and boutique shops, contributing to a vibrant local economy. The presence of parks and recreational facilities enhances the quality of life for residents, offering spaces for leisure and community activities.

Recreational activities are abundant in Seaholme, with numerous parks and green spaces available for public use. The picturesque Altona Coastal Park provides walking, picnicking, and outdoor sports opportunities. Additionally, the suburb's proximity to Altona Beach offers residents access to walking and cycling trails, catering to active individuals seeking to maintain a healthy lifestyle.

Seaholme's blend of urban convenience and community-oriented living makes it a desirable location for diverse residents.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,263,000	$1,025,500
Growth Report
Median Quarterly	-2.28%	0%
Median 12 month	5.47%	0%
Median 3 years	13.94%	0%
Median 5 years	9.83%	0%
10 years average annual	5.41%	2.38%
Weekly media advert. rent	$680	$450
Time on Market	55 days	N/A
Gross Rental Yield Percent	2.8%	2.28%

Demographics (Median Values)*

Total Population 12689

Weekly Household Income 1440

Household Size 2.30

Average Age 42

Monthly Loan Repayment 2000

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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