Bagshot, located in the Greater Bendigo region of Victoria, offers a unique blend of rural tranquility and convenient access to urban amenities, making it an appealing destination for homebuyers seeking a quieter lifestyle. The housing market in Bagshot is characterized by spacious properties, often with expansive land, ideal for families wanting room to grow or retirees looking for peace and solitude. The area is known for its affordability compared to more urbanized areas, providing a range of options from charming country-style homes to more modern residences. Recent years have seen a steady interest in the region as more people look to escape the hustle and bustle of city living, bringing a moderate rise in property values, yet still maintaining reasonable prices that many find attractive.
Living in Bagshot offers a quiet, community-focused environment with the added benefit of being just a short drive away from the bustling activities of Bendigo. The locality is surrounded by beautiful natural landscapes, providing opportunities for outdoor activities and fostering a peaceful lifestyle. Residents enjoy the strong sense of community and the simpler, slower pace of life, which is complemented by the cultural and recreational amenities available in nearby Bendigo. While Bagshot does not have numerous facilities of its own, its proximity to Bendigo ensures that residents have access to all the necessary services, such as shopping centers, schools, and healthcare, without sacrificing the serenity of country living. This balance makes Bagshot an attractive place for those looking to enjoy the best of both worlds.
Median Weekly Rent | $360.00 |
Median Monthly Mortgage | $1517.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 3.00 |
Average Age | 34.50 |
Average Income | $808.00 |
Average Cars Per Dwelling | 2.17 |
Average Properties Within 50M | 8 |
Typical 2 bed house | |
Typical 3 bed house | $780,000 |
Typical 4 bed house | |
Typical 5 bed house | $791,000 |
Housing Stock
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Thinking about buying in Bagshot? Now could not be a better time, with just 302 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $759,000 with prices in this suburb ranging from $361,000 to $1,092,000. The aproximate distance to the coast is 132 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 Bagshot 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 Bagshot 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 Bagshot 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Bagshot 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 | |
---|---|---|---|---|---|---|---|
Sept | 1.7 | 4.9 | 17.6 | 44.7 | 93.5 | 3.5 | 15.7 |
Oct | 1.3 | 7.5 | 22.0 | 35.4 | 88.4 | 3.9 | 21.1 |
Nov | 1.5 | 10.4 | 25.5 | 30.0 | 85.5 | 4.1 | 24.6 |
Dec | 0.7 | 12.6 | 29.0 | 23.1 | 78.0 | 4.4 | 28.3 |
Jan | 0.7 | 14.8 | 32.2 | 20.9 | 75.6 | 4.4 | 27.3 |
Feb | 1.0 | 14.8 | 30.1 | 27.0 | 79.4 | 4.2 | 23.0 |
Mar | 1.5 | 12.4 | 26.3 | 33.4 | 83.7 | 3.7 | 18.2 |
Apr | 1.5 | 8.8 | 21.8 | 40.1 | 88.3 | 3.2 | 13.4 |
May | 1.6 | 5.7 | 16.9 | 53.1 | 94.8 | 2.8 | 9.7 |
Jun | 1.7 | 3.7 | 13.6 | 62.0 | 96.8 | 2.6 | 8.0 |
Jul | 1.8 | 3.0 | 12.9 | 62.2 | 97.0 | 3.0 | 7.8 |
Aug | 1.5 | 3.3 | 14.3 | 53.4 | 96.0 | 3.2 | 11.1 |
source: Australian Government Bureau of Meteorology
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