Back Valley, located near Victor Harbor in South Australia, offers a picturesque and serene lifestyle that is becoming increasingly attractive to homebuyers. The housing market in this region has experienced steady growth, propelled by the influx of both retirees and young families looking to escape the hustle and bustle of city life. Properties in Back Valley range from charming rural homesteads to modern residences with expansive views of the rolling hills, providing options for a variety of tastes and budgets. The market here tends to be more affordable compared to major urban areas, making it an appealing choice for those seeking a quieter life with the added benefit of potential property value appreciation.
Living in Back Valley offers a unique blend of rural living with convenient access to amenities in nearby Victor Harbor. Residents enjoy the tranquility of the countryside, with vast open spaces and a strong sense of community that characterizes this area. The proximity to natural attractions such as the Fleurieu Peninsula, beautiful beaches, and the famous Granite Island makes it an ideal location for outdoor enthusiasts. Locals can benefit from the relaxed pace of life while still having easy access to schools, shops, and healthcare facilities in Victor Harbor. Overall, Back Valley presents an inviting lifestyle that balances the benefits of rural and coastal living.
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Thinking about buying in Back Valley? Now could not be a better time, with just 165 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $997,000 with prices in this suburb ranging from $267,000 to $1,712,000. Back Valley is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Back Valley is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Back Valley 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 Back Valley to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Back Valley 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 Back Valley a better buying opportunity than it may have been in the past.
Instant Property ValuationLot 27 Hancock Road, Back Valley, SA, 5211 |
Investigator College
Victor Harbor High School
(While the above schools are located with the suburb of Back Valley 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 | 0.6 | 17.0 | 28.5 | 29.8 | 71.3 | 4.8 | 27.9 |
Feb | 0.9 | 17.2 | 27.9 | 33.1 | 72.8 | 4.4 | 22.7 |
Mar | 0.8 | 15.7 | 25.3 | 37 | 76.3 | 4.1 | 18.5 |
Apr | 1.4 | 13.8 | 22.4 | 41.4 | 79.2 | 3.6 | 14.3 |
May | 1.7 | 11.5 | 18.4 | 49.9 | 82.2 | 3.6 | 10.0 |
Jun | 1.8 | 9.2 | 15.8 | 56.3 | 85.2 | 3.5 | 8.9 |
Jul | 2.5 | 9.2 | 15.3 | 54.3 | 84.9 | 4.4 | 9.3 |
Aug | 2.0 | 8.8 | 15.7 | 51.7 | 84.4 | 4.4 | 11.7 |
Sept | 1.2 | 10.4 | 19.1 | 42.0 | 82.2 | 4.2 | 16.8 |
Oct | 0.8 | 11.6 | 21.9 | 36.4 | 77.7 | 4.3 | 22.1 |
Nov | 0.5 | 13.6 | 24.6 | 32.8 | 76.8 | 4.1 | 26.1 |
Dec | 0.8 | 16.1 | 27.7 | 28.0 | 71.2 | 4.3 | 28.5 |
source: Australian Government Bureau of Meteorology
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