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Attwood suburb profile

Attwood is a peaceful suburb located approximately 20km north of Melbourne's CBD, known for its spacious residential properties and family-friendly atmosphere. The suburb offers a blend of suburban tranquility and convenient access to urban amenities, making it an attractive choice for families and professionals. Attwood is characterized by its green spaces, including the popular Woodlands Historic Park, which provides ample opportunities for outdoor activities and relaxation. With its proximity to Melbourne Airport and major transport routes, Attwood combines the benefits of suburban living with easy connectivity to the city and beyond.

Attwood property market performance

Attwood's property market has shown notable growth in house values over the past 12 months, with an increase of 13.9%. However, the median house price remains at $0, indicating a lack of recent sales data. The unit market has remained stagnant, with no change in median value and no units sold in the past year.

Sales activity for houses has been minimal, with only 8 houses sold over the last 12 months, and no data available for median days on market. The unit market has seen no sales, reflecting limited activity in this segment.

The rental market for houses in Attwood has remained stable, with an average rent of $600 over the last 12 months and no change in rental prices. The unit rental market shows no activity, with no data available for average rent or changes over the past year.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
13.9%N/A
Sold
Past 3 months
8N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$600N/A
Change in rent
Past 12 months
-9.8%N/A

5 year median price trend for houses and units

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Attwood demographics

Attwood, a suburb located in Melbourne's northern region, offers a serene and family-friendly environment. With a population of 3,309, it is a close-knit community that appeals to families and those seeking a quieter lifestyle. The median age of 42 suggests a mature population, with many residents likely to be established professionals or families who appreciate the suburb's peaceful atmosphere and proximity to essential amenities.

The suburb is characterized by a high percentage of couple families with children, making up 59.9% of the population. This indicates that Attwood is particularly attractive to families who value a supportive community environment. Additionally, 26.8% of households are couple families without children, reflecting a mix of young couples and empty nesters who enjoy the suburb's tranquility and community spirit.

Property ownership in Attwood is predominantly stable, with 41.4% of homes owned outright and 50.5% owned with a mortgage. This high level of home ownership underscores the suburb's appeal to those seeking long-term residence and investment in their community. The rental market is relatively small, with only 8.1% of properties being rented, which further highlights the suburb's focus on home ownership and family living.

Attwood infrastructure, key developments and investment opportunities

Attwood benefits from its proximity to Melbourne Airport and major employment hubs along Mickleham Road, which supports steady buyer demand from families and airport-related workers.[2][7] The suburb is largely established and residential, with limited large-scale new housing estates, so any incremental infill or townhouse projects are likely to have a gradual rather than dramatic impact on overall supply and prices.[2][6] Local green spaces and the nearby Victoria Police training facilities mean large tracts of land remain non-residential, helping preserve a low-density feel that many buyers value.[7]

There are no widely reported major new transport, school, or retail projects specific to Attwood at this time, with residents continuing to rely on existing road connections and nearby centres in surrounding suburbs for larger shopping and services.[2][7] As a result, the property market is currently more influenced by broader demand trends across the Hume area and airport corridor than by suburb-specific infrastructure changes, and there are no significant new developments expected to materially alter Attwood’s livability or desirability in the near term.[2][6]

Attwood rental market trends

The rental market in Attwood has remained stable over the past year, with house rents holding steady at $600 per week. There has been no change in unit rents, indicating a consistent demand and supply balance in the suburb. Attwood continues to offer a reliable rental environment for both tenants and landlords.

Suburbs near Attwood

Some popular suburbs near Attwood include:

How does Attwood compare to nearby suburbs?

  • Median house prices: Attwood’s median house price is 13.8% higher than Westmeadows’s.
  • House price growth: Over the past 12 months, house prices in Attwood have grown 4.6% higher than in Gladstone Park.
  • House price growth: Over the past 12 months, house prices in Attwood have grown 12.3% lower than the average rate of growth across Melbourne.

Common questions about Attwood

  • Is Attwood a nice place to live?

    Attwood is a charming suburb that offers a delightful blend of suburban tranquility and convenient access to urban amenities. With its peaceful atmosphere and spacious residential properties, it is an appealing choice for families and professionals seeking a serene environment. The suburb is known for its lush green spaces, providing ample opportunities for outdoor activities and relaxation, making it a haven for nature enthusiasts. The close-knit community vibe is perfect for families who value a supportive and friendly neighborhood.

    Families will find Attwood particularly attractive due to its family-friendly environment and the strong sense of community. The suburb's proximity to essential amenities ensures that residents have easy access to schools, shops, and cafes, while the nearby Woodlands Historic Park offers a beautiful setting for picnics and leisurely walks. Safety is generally not a major concern, contributing to the suburb's appeal for those with children.

    However, living in Attwood does come with some trade-offs. While the suburb offers a peaceful lifestyle, it lacks the nightlife and trendiness of inner-city areas. Residents may need to travel to nearby suburbs for larger shopping centers and entertainment options. Additionally, the property market is influenced by broader demand trends rather than suburb-specific developments, which means that changes in livability or desirability are not expected in the near term.

    Overall, Attwood is a wonderful place to live for those who appreciate a quiet, family-oriented community with easy access to both nature and urban conveniences. Its serene environment and strong community spirit make it an ideal choice for families and those seeking a balanced lifestyle.

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  • Is it expensive to live in Attwood?

    Living in Attwood, a suburb of Melbourne, doesn't appear to be overly expensive, especially when considering the current rental market. With the median household income in Attwood being approximately $2,209 per week, it is slightly above the Victoria state average of $2,000 per week. This suggests that the residents of Attwood generally earn a bit more than the average Victorian, which can help in managing living expenses comfortably.

    In terms of housing, while there is no current data on the median house or unit prices, the average rent for houses over the last 12 months is around $600 per week. This rental cost is fairly reasonable, particularly when compared to more central Melbourne suburbs, where rents can be significantly higher. It's important to note that there is no available data on unit rents, which might indicate a limited supply or demand for units in the area.

    Overall, if you are thinking of living in Attwood, it seems to offer a balanced cost of living, especially in terms of rental expenses. With its proximity to Melbourne and a slightly higher-than-average household income, Attwood can be considered a relatively affordable suburb to reside in, particularly for those who are renting.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Attwood a good place to invest?

    Attwood presents an interesting opportunity for property investors, particularly those focused on houses. Over the past year, the suburb has experienced a significant 13.9% increase in median house values, indicating strong demand and potential for capital growth. This rise suggests that Attwood is becoming increasingly attractive to buyers, possibly due to its appealing suburban environment and proximity to Melbourne's amenities.

    However, it's worth noting that the rental market in Attwood has remained stable, with no change in rent for both houses and units over the last 12 months. This stability might appeal to investors seeking consistent rental income without the volatility seen in other markets. While units haven't seen the same growth in value as houses, this could present an opportunity for those looking to enter the market at a more affordable price point.

    Overall, Attwood's recent surge in house values makes it a promising option for investors prioritizing capital growth. The stable rental market also offers a degree of security for those focused on rental returns. As with any investment, it's important to consider the broader market trends and local factors that could influence future growth.

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Choose the right real estate agents in Attwood

Choosing the right real estate agent in Attwood can have a big impact on your sale. While there are 19 real estate agents working in the suburb, but just 5 of them were responsible for 55.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.54% to 2.94%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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