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All About Bael Bael, Gannawarra, VIC, 3579

Bael Bael, located in the Gannawarra Shire of Victoria, offers a unique glimpse into rural Australian life, where the housing market is characterized by its affordability and tranquility. Unlike metropolitan areas, the housing market in Bael Bael features larger properties at relatively lower prices, making it an attractive option for those seeking a rural lifestyle or wanting to retire away from the hustle and bustle of city life. Given its position in an agricultural-rich region, much of the real estate is surrounded by vast expanses of farmland, bringing a serene environment and a slower pace of living that appeals to families and those looking to reconnect with nature. However, prospective buyers should also be aware of limited availability of new housing developments, as the area is predominantly established with older homes that reflect the historic character of the region.

Living in Bael Bael offers a distinctive blend of community spirit and idyllic natural surroundings. The area is renowned for its close-knit community, where neighbors often know each other by name and local events foster strong social connections. Residents enjoy outdoor activities, taking full advantage of the scenic landscapes and waterways nearby, such as the iconic Murray River. Life here is marked by a sense of peace and simplicity, free from the congestion and noise typical of urban centers. While amenities are more limited compared to larger towns, the essentials are readily accessible within a short drive, and the slower lifestyle is often seen as a trade-off for the lack of urban conveniences. Overall, Bael Bael provides a charming and fulfilling living experience for those seeking solace and community in a rural backdrop.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Bael Bael Real Estate Market Outlook

Thinking about buying in Bael Bael? Now could not be a better time, with just 6 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,810,000 with prices in this suburb ranging from $890,000 to $4,731,000. The aproximate distance to the coast is 251 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 Bael Bael 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 Bael Bael 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 Bael Bael 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 Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bael Bael there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

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Bael Bael 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
Aug0.73.916.642.292.64.412.3
Sept0.95.420.831.188.84.617.1
Oct0.98.525.02583.84.521.7
Nov0.911.628.520.478.04.824.9
Dec0.814.631.816.269.44.928.6
Jan0.816.334.016.167.34.728.2
Feb0.616.032.321.671.54.524.2
Mar0.713.628.625.976.64.119.3
Apr0.99.724.031.782.53.714.7
May0.96.81942.990.93.910.8
Jun0.84.215.254.695.03.69.0
Jul0.73.015.050.194.44.29.3

source: Australian Government Bureau of Meteorology



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