Breakwater Suburb ProfileVictoria 3219
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Breakwater has 1,107 properties. Over the last 5 years, Houses in Breakwater have seen a 27.83% increase in median value, while Units have seen a 8.92% increase. As at 31 October 2024:
- The median value for Houses in Breakwater is $616,601 while the median value for Units is $428,125.
- Houses have a median rent of $430 while Units have a median rent of $375.
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.
Market Insights
Breakwater Trends for Houses
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Breakwater Trends for Units
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Neighbourhood Insights
Age
Population 1,030
0-9
11%
10-19
8%
20-29
17%
30-39
14%
40-49
12%
50-59
13%
60-69
12%
70-79
11%
80-89
4%
Household Structure
Occupancy
Recent Sales in BREAKWATER 3219
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Last Updated: 19/11/2024
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