Real Estate Pira Vic 3585

Real Estate Market: Is Pira VIC 3585 a Good Suburb to Buy Into?

Housing Market in Pira

Key Pira Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

	Field	Value	VS North West Vic	Trend
	Capital Growth Forecast: Houses	Premium	Premium	Premium
	Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium

Housing Supply in Pira

Pira Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Pira

48.5%

North West Vic

35.2%

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Suburbs

Field	Value	VS North West Vic	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 26%	Data for Apr 2025

Housing Stock Quality in Pira

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	3.8	Top 1%	to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Pira

Pira Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Pira

19.4%

North West Vic

28.7%

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Suburbs

	Field	Value	VS North West Vic	Trend
	Heritage overlay total area	0.0 sq km	Top 41%	Data for Jun 2023

Risk in Pira

Pira Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Pira

59.1%

North West Vic

53.9%

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Suburbs

Field	Value	VS North West Vic	Trend
Housing Affordability Index	24	Bottom 20%	Data for Jun 2023
Rent Affordability Index (Houses)	84	Top 16%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 18%	Data for Jun 2023
Mortgage as a percent of income	27.6%	Top 23%	Data for Jan 2021

Housing Demand in Pira

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Pira

39.1%

North West Vic

45.0%

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Suburbs

Field	Value	VS North West Vic	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	5840	Bottom 19%	9% to Dec 2036
Historical Population (SA3)	37700	Bottom 21%	5% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	20400	Top 42%	2% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium