Amphitheatre, located in the picturesque Pyrenees region of Victoria, offers a unique housing market characterized by its rural charm and increasing appeal to those seeking a tranquil lifestyle. The housing options in Amphitheatre primarily consist of quaint cottages, traditional Australian homesteads, and plots of land that attract individuals interested in constructing their dream homes amidst the serene landscape. The affordability of real estate compared to urban centers makes it an attractive option for first-time buyers and retirees. Over recent years, there has been a noticeable uptick in interest from city dwellers looking to escape the hustle and bustle, driven in part by the flexibility of remote work arrangements.
Living in Amphitheatre is defined by its close-knit community and natural beauty. The town offers a slower pace of life, with access to outdoor recreational activities like hiking, cycling, and exploring the lush vineyards and rolling hills of the region. Residents often enjoy the sense of community that comes with living in a smaller, rural area where everyone knows each other, and local events and gatherings are common. Additionally, despite its rural setting, Amphitheatre provides essential services and amenities, with more comprehensive options available in nearby towns. For those who appreciate a simple, nature-oriented lifestyle and the charm of small-town living, Amphitheatre presents an inviting and harmonious environment.
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Thinking about buying in Amphitheatre? Now could not be a better time, with just 190 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $413,000 with prices in this suburb ranging from $76,000 to $1,588,000. The aproximate distance to the coast is 121 Km.
Consistent high demand relative to supply is a key feature in Amphitheatre driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Amphitheatre 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 Amphitheatre 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. Lower than average population density constrains growth in Amphitheatre to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Amphitheatre 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 Valuation2278 Amphitheatre Road, Amphitheatre, VIC, 3468 | $159,000 |
Amphitheatre Primary School
(While the above schools are located with the suburb of Amphitheatre 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 | |
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Jan | 1.8 | 12.2 | 25.3 | 32.9 | 81.1 | 5.5 | 26.1 |
Feb | 1.4 | 12.0 | 23.9 | 39.1 | 84.4 | 5.3 | 21.8 |
Mar | 1.6 | 9.9 | 20.1 | 47.3 | 87.9 | 5.4 | 17.0 |
Apr | 1.5 | 8.3 | 16.1 | 54.5 | 88.1 | 4.8 | 12.6 |
May | 2.7 | 5.5 | 11.2 | 70.6 | 94.3 | 5.3 | 8.1 |
Jun | 2.6 | 3.7 | 8.3 | 80.7 | 97.3 | 5.1 | 6.7 |
Jul | 2.9 | 2.7 | 7.3 | 83.4 | 98.0 | 5.4 | 6.7 |
Aug | 2.4 | 2.7 | 8.7 | 73.8 | 96.4 | 5.3 | 10.1 |
Sept | 2.4 | 4.2 | 12.0 | 61.4 | 93.8 | 5.6 | 14.4 |
Oct | 1.8 | 6.1 | 16.0 | 50.7 | 89.6 | 5.6 | 19.8 |
Nov | 1.8 | 7.7 | 18.8 | 44.8 | 89.2 | 5.5 | 23.3 |
Dec | 1.3 | 10.2 | 22.6 | 36.2 | 82.8 | 5.4 | 26.6 |
source: Australian Government Bureau of Meteorology
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