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All About The Patch, Yarra Ranges, VIC, 3792

The Patch, located in the picturesque Yarra Ranges of Victoria, offers a uniquely serene and charming setting that attracts those seeking a peaceful lifestyle amidst nature. The housing market in The Patch is characterized by its blend of rustic appeal and modern convenience, with a variety of homes ranging from quaint cottages to contemporary family houses. Due to its desirable location and natural beauty, the area tends to have a competitive real estate market, often appealing to buyers looking for a retreat from the urban hustle while still maintaining access to essential amenities. Properties in The Patch typically feature larger lots, lush gardens, and proximity to stunning landscapes, making it an ideal spot for nature enthusiasts and families alike.

Living in The Patch is synonymous with tranquility and community spirit. Residents enjoy a lifestyle rich in outdoor activities, given the area's proximity to the Dandenong Ranges National Park and numerous walking trails. The suburb fosters a tight-knit community atmosphere, with local events and a primary school that further enhance its family-friendly vibe. Despite its seemingly rural setting, The Patch benefits from easy access to nearby towns like Belgrave, offering shops, cafes, and public transport links to Melbourne. This unique blend of rural charm and accessibility makes The Patch an attractive option for those looking to enjoy the best of both worlds.

Household Makeup

Median Weekly Rent $386.67
Median Monthly Mortgage $2029.00
Median Persons Per bed houseroom 0.77
Average Household Size 2.67
Average Age 45.00
Average Income $843.33
Average Cars Per Dwelling 2.12
Average Properties Within 50M 4
Typical 1 bed house$735,000
Typical 2 bed house$892,000
Typical 3 bed house$1,080,000
Typical 4 bed house$1,392,000
Typical 5 bed house$1,843,000
Typical 6 bed+ house$1,671,000

Housing Stock

Local Internet Speeds

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The Patch Real Estate Market Outlook

Thinking about buying in The Patch? Now could not be a better time, with just 465 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,219,000 with prices in this suburb ranging from $250,000 to $2,899,000. The aproximate distance to the coast is 29 Km.

Consistent high demand relative to supply is a key feature in The Patch driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in The Patch ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in The Patch provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in The Patch necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in The Patch we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make The Patch a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

The Patch Primary School

Monbulk Primary School

Kallista Primary School

St Paul's School

Monbulk College

Menzies Creek Primary School

(While the above schools are located with the suburb of The Patch there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

The Patch weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

KallistaMonbulkMenzies CreekSelbySherbrookeBelgraveOlindaClematisTecomaSassafras

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