Breakwater Suburb Profile
Victoria 3219

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Breakwater has 1,117 properties. Over the last 5 years, Houses in Breakwater have seen a 28.22% increase in median value, while Units have seen a 7.06% increase. As at 30 November 2024:

  • The median value for Houses in Breakwater is $627,978 while the median value for Units is $427,030.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently no properties listed for sale, and 2 properties listed for rent in Breakwater on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Breakwater.

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.

Suburb Insights for BREAKWATER 3219

Market Insights
Breakwater Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Breakwater Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
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

Last Updated: 19/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.