All About Ashbourne, Macedon Ranges, VIC, 3442

Ashbourne, nestled within the Macedon Ranges of Victoria, presents a distinctive housing market characterized by its rural allure and proximity to nature. The area offers a mix of large acreage properties and charming country homes, providing an appealing escape for those looking to enjoy a more tranquil and spacious environment. Over recent years, the demand for housing in Ashbourne has been on the rise, driven by those seeking a balance between remote living and accessibility to urban centers like Melbourne, which is just over an hour away. The market here tends to be competitive, yet prices remain relatively more affordable compared to the bustling areas in the city, attracting families, retirees, and professionals who value the serene lifestyle offered by this picturesque region.

Living in Ashbourne is ideal for those who appreciate the simplicity and beauty of rural life. The community is tight-knit, and residents often engage in local events and activities that celebrate the region's rich cultural heritage and natural beauty. The surroundings are marked by lush greenery, rolling hills, and nearby attractions like the Macedon Ranges National Park, offering plenty of opportunities for outdoor activities such as hiking, cycling, and wildlife watching. While the town retains a peaceful and laid-back atmosphere, it is not isolated; essential amenities are available within a short drive, and the area enjoys a growing selection of boutique cafes, artisan shops, and local produce markets. Overall, Ashbourne offers an inviting blend of country charm and modern convenience, making it a desirable location for those looking to embrace a more relaxed pace of life.

Ashbourne Real Estate Market Outlook

Thinking about buying in Ashbourne? Now could not be a better time, with just 136 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,892,000 with prices in this suburb ranging from $1,287,000 to $9,576,000. The aproximate distance to the coast is 57 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Ashbourne due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Ashbourne 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 Ashbourne 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 Ashbourne 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 Ashbourne a better buying opportunity than it may have been in the past.

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General Points of Interest

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