All About Alvie, Colac Otway, VIC, 3249
Alvie, a small rural locality in the Colac Otway Shire of Victoria, offers a unique blend of tranquil countryside living with convenient access to larger regional centers. The housing market in Alvie is characterized by a mix of charming older homes and sprawling agricultural properties. While the area's real estate market is less frenetic than those in urban centers, it provides an attractive option for those seeking affordability and space. With its picturesque landscapes, it's not uncommon for properties in Alvie to feature sweeping views of rolling hills and farmlands, making it a desirable location for potential homeowners who appreciate natural beauty and a quiet lifestyle. The market tends to appeal to families and retirees who favor a serene environment over the hustle and bustle of city life.
Living in Alvie means being part of a tight-knit community where neighbors know each other, and there's a strong sense of camaraderie. The area is known for its friendly atmosphere and slower pace, offering a peaceful alternative to the urban grind. Residents enjoy access to various outdoor activities, with Lake Corangamite nearby for fishing and boating and the surrounding countryside perfect for hiking and cycling. Despite its rural setting, Alvie is within easy reach of Colac, the nearest larger town, providing residents with essential amenities such as shopping, healthcare, and educational facilities. The balance of peaceful rural living with the convenience of nearby services makes Alvie a desirable place for those seeking a laid-back lifestyle surrounded by nature.
Household Makeup
| Median Weekly Rent | $260.00 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 47.00 |
| Average Income | $653.00 |
| Average Cars Per Dwelling | 2.40 |
| Average Properties Within 50M | 1 |
| Typical 3 bed house | |
| Typical 4 bed house |
Housing Stock
Local Internet Speeds
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Alvie Real Estate Market Outlook
Thinking about buying in Alvie? Now could not be a better time, with just 99 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 49 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Alvie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Alvie changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Alvie the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationLocal Schools
Alvie Consolidated School
St Brendan's School
(While the above schools are located with the suburb of Alvie there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Alvie 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 12.9 | 26.5 | 36.8 | 95.4 | 6.4 | 24.9 |
| Feb | 0.9 | 13.3 | 25.5 | 42.3 | 95.6 | 6.5 | 20.8 |
| Mar | 1.1 | 12.2 | 23.2 | 44.6 | 94.3 | 6.3 | 16.1 |
| Apr | 1.4 | 10.0 | 19.0 | 53.1 | 95.9 | 6.2 | 11.7 |
| May | 1.6 | 7.9 | 15.0 | 66.9 | 96.5 | 6.6 | 8.7 |
| Jun | 1.7 | 6 | 12.2 | 76.5 | 97.3 | 6.2 | 7.2 |
| Jul | 1.9 | 5.5 | 11.8 | 76.4 | 97.8 | 7.6 | 7.3 |
| Aug | 1.9 | 5.3 | 12.4 | 69.3 | 97.2 | 7.7 | 10.2 |
| Sept | 2.0 | 6.7 | 14.9 | 63.3 | 97.2 | 7.3 | 14.3 |
| Oct | 1.8 | 7.9 | 17.7 | 57.9 | 96.1 | 7.1 | 19.3 |
| Nov | 1.6 | 9.3 | 20.6 | 50.7 | 97.7 | 6.6 | 22.0 |
| Dec | 1.2 | 11.0 | 23.9 | 41.7 | 96.4 | 6.6 | 25.6 |
source: Australian Government Bureau of Meteorology
Public Transport
Birregurra - Greater then 10KM
General Points of Interest
Red Rock Volcano Complex - Less than 2 KM
Nearby Suburbs
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