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VIC

BROADMEADOWS

Median
$615,000
Avg Score
22
Sales
75
Efficiency
$27,954

With a housing landscape characterized by entry-level valuations, Broadmeadows presents a unique case study in local market dynamics. The suburb currently holds a median house price of $615k. Prices have remained largely stable with a 12% change, suggesting a balanced market where supply has largely kept pace with local demand.

Lifestyle Profile

The visual fabric of Broadmeadows is evolving rapidly. It is a mix of the old and the new, where original cottages sit alongside brand-new townhouse developments, signaling a shift in capital investment.

This is a pragmatic, hardworking community. The residents are a diverse blend of long-term locals and ambitious new entrants, creating an unpretentious and welcoming environment.

The local café culture is the 'canary in the coal mine' for this area. New espresso bars and dining spots are popping up, signaling the gentrification ripple effect that often precedes price growth.

The Demographic Profile

Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $34,708. With a price-to-income ratio significantly above the state average, ownership in Broadmeadows often involves significant equity recycling from previous properties. This suggests a resident base with high asset wealth rather than just high income.

Education & Catchments

School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Moomba Park Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.

Market Outlook

The market has shown resilience with 11.5% stable growth. This appeals to buyers seeking lower volatility.

Quick FAQ about Broadmeadows:

  • Is Broadmeadows expensive? With a median price of $615k, it is considered a entry level market, often attracting buyers seeking accessible living standards.
  • What are the schools like? The catchment for Moomba Park Primary School is a major driver of local demand.

Primary Schools

Moomba Park Primary School

S/T Ratio: 11Profile
50

Westmeadows Primary School

S/T Ratio: 12Profile
46

Glenroy Central Primary School

S/T Ratio: 11Profile
36

Belle Vue Park Primary School

S/T Ratio: 10Profile
22

Broadmeadows Primary School

Local
S/T Ratio: 13Profile
21

Meadows Primary School

S/T Ratio: 11Profile
19

Campbellfield Heights Primary School

S/T Ratio: 12Profile
16

Bethal Primary School

S/T Ratio: 11Profile
16

Broadmeadows Valley Primary School

Local
S/T Ratio: 12Profile
15

Coolaroo South Primary School

S/T Ratio: 12Profile
15

Secondary / High Schools

John Fawkner Secondary College

S/T Ratio: 8Profile
28

Hume Central Secondary College

S/T Ratio: 9Profile
10

Hume Central Secondary College

S/T Ratio: 9Profile
10

Glenroy Secondary College

Ratio N/A
-

Explore Nearby Markets

Local Schools & Maps

Explore primary and secondary schools in the catchment area.

Primary Schools

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Secondary Schools

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DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.

NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.

DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.


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