THE size of Barwon Heads is about 6.8 square kilometres and has one park covering nearly 3.5 per cent of total area.
\n<\/b>The population of Barwon Heads in 2011 was 3,535 people and by the 2016 Census the population was 3,880 showing a population growth of 9.8 per cent in the area during that time.<\/p>\n
Barwon Heads has been a gold mine for property owners, even those who bought in only 2-3 years ago have made substantial capital gain with the median house price up by close to $300,000 in that short period, this would have been traditionally a lifetime of home ownership to see this amount of growth in value.<\/p>\n
What hits the market in Barwon Heads does not last long as properties are snapped up quickly by regional and local buyers who are competing with escapes from the city.<\/p>\n
The charms of Barwon Heads got national attention in the late 1990\u2019s with the SeaChange<\/i> television series, starring Sigrid Thornton and David Wenham.<\/p>\n
For 39 episodes ABC viewers could admire the wooden road bridge, the estuary, the jetty and the \u2018Beach House\u2019, now a tourist mecca.<\/p>\n
The series captured the penchant of many Australians to escape the city for the apparent simplicity of life in a small coastal community.<\/p>\n
Settlement at the mouth of the river began on the eastern (Ocean Grove) side in 1854, and settlement on the other side at Barwon Heads was delayed until 1875.<\/p>\n
By the early 1920s the township had a hotel, boarding houses and a golf links (1907) with the river bridged in 1927.Barwon Heads became a holiday destination for Geelong residents, and the provision of camping facilities on the foreshore near the Barwon Head or Bluff attracted many holiday makers.By 1970 there were nearly 1,000 sites for caravans and tents with an estimated population of 2,100 (1996) \u2013 the peak summer population reached 7,400 with holiday makers..<\/p>\n
CoreLogic data indicates that the predominant age group in Barwon Heads is 40-49 years with households in Barwon Heads being primarily couples with children and are likely to be repaying $1,800-$2,399 per month on mortgage repayments, and in general, people in Barwon Heads work in a professional occupation.<\/p>\n
In 2011, 74.5 per cent of the homes in Barwon Heads were owner occupied compared with 78.9 per cent in 2016.<\/p>\n
AGENT PERSPECTIVE:
\n\u201cThe Barwon Heads market is up 34 per cent on the median house price in the last 12 months according to REA.<\/p>\n
\u201cThis is incredible growth of what was an already high median price of around $1,000,000.<\/p>\n
\u201cAlthough the stock on the market as we speak it incredibly low, the volume of sales is still at average levels for us.<\/p>\n
\u201cSo far this year our average sale price in Barwon Heads is $2,190,000 which is a real sign of the growth, the type of buyers we are seeing, and quality of homes coming to the market.\u201d<\/p>\n
Levi Turner \u2013 Director, Bellarine Property<\/p>\n
TIDBIT:
\nThe golf club house (1924) and the bridge over the Barwon River (1927) are heritage listed
\nPopulation: 3,880
\nMale: 49%
\nFemale: 51%
\nMedian age: 43
\n5 year population change: 9.8%
\nHouse median value: $1,330,000
\nChange in Median Price: (5yrs) is 60%
\nMedian asking rent per week: $625
\nAverage length of ownership: 12 years
\nOwner occupiers: 81%
\nRenters: 19%<\/p>\n
House median sale price:
\nMarch 2021: $1,325,000
\nMarch 2020: $1,130,000
\nMarch 2019: $957,500
\nMarch 2018: $912,000
\nMarch 2017: $910,000<\/p>\n
House sales per annum:
\nPeriod ending March 2021: 81
\nPeriod ending March 2020: 75<\/p>\n
Land median sale price:
\nMarch 2021: $935,000
\nMarch 2020: $842,000<\/p>\n
Land sales per annum:
\nPeriod ending March 2021: 12
\nPeriod ending March 2020: 2<\/p>\n","protected":false},"excerpt":{"rendered":"
THE size of Barwon Heads is about 6.8 square kilometres and has one park covering nearly 3.5 per cent of total area. The population of Barwon Heads in 2011 was 3,535 people and by the 2016 Census the population was 3,880 showing a population growth of 9.8 per cent in the area during that time. […]<\/p>\n