Wildwood, located in the Hume region of Victoria, is a serene suburb that offers a unique blend of rural charm and suburban convenience. The housing market in Wildwood is characterized by spacious properties, often featuring larger homes and significant land areas compared to the more densely packed inner suburbs of Melbourne. This has made it particularly appealing to families and individuals seeking more space and a quieter lifestyle. Prices in the area have seen a moderate rise, reflecting the increasing demand for properties that provide a balance between country living and proximity to city amenities. Buyers are often attracted to the opportunity to own a home with expansive views and plenty of room for outdoor activities, making Wildwood an attractive choice for those looking to escape the hustle and bustle of city life without giving up accessibility.
Living in Wildwood provides a picturesque lifestyle, with its rolling landscapes and close-knit community vibe. Residents enjoy the peacefulness and natural beauty that the suburb offers, making it a great location for outdoor enthusiasts and those who appreciate nature. The community is well-connected, with a range of local amenities, including parks, local shops, and schools, which cater to families and individuals alike. Although it maintains a tranquil environment, Wildwood is conveniently situated near major roads and public transport links that provide easy access to Melbourne and other parts of Victoria. This makes it an ideal place for those who want the quiet and space of country living while still being able to commute to the city for work or entertainment. Overall, Wildwood offers a fantastic quality of life for those looking to settle in a peaceful and picturesque setting.
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Thinking about buying in Wildwood? Now could not be a better time, with just 155 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,621,000 with prices in this suburb ranging from $814,000 to $2,666,000. The aproximate distance to the coast is 24 Km.
Consistent high demand relative to supply is a key feature in Wildwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Wildwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Wildwood provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Wildwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Wildwood 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 Wildwood a better buying opportunity than it may have been in the past.
Instant Property Valuation520 Wildwood Road, Wildwood, VIC, 3429 | 4 | 2 | 8 | Price on Application |
Goonawarra Primary School
(While the above schools are located with the suburb of Wildwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
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