All About Balmattum, Strathbogie, VIC, 3666
Balmattum, located in the serene region of Strathbogie, Victoria, offers a peaceful rural lifestyle that is increasingly attracting homebuyers seeking a tranquil environment away from urban hustle and bustle. The housing market in Balmattum is characterized by spacious properties, often featuring large blocks of land that are perfect for families, retirees, or those looking to embrace country living. With property prices generally more affordable compared to metropolitan areas, Balmattum provides an attractive opportunity for those looking to invest in a home that offers both comfort and the potential for growth. Whether you're interested in a quaint cottage or a sprawling farmhouse, the real estate options in Balmattum enable residents to enjoy a slower pace of life amidst picturesque landscapes.
Living in Balmattum offers a close-knit community experience where neighbors know one another, and there's a strong sense of connection. The quiet, rural setting allows residents to enjoy a range of outdoor activities such as hiking, fishing, and exploring the natural beauty of the Strathbogie Ranges. Despite its rural setting, Balmattum is conveniently located near essential amenities in neighboring towns like Euroa, ensuring residents have access to shopping, dining, and healthcare facilities. The region is also known for its local produce, wineries, and farmers' markets, providing a delightful experience for those who love fresh and locally-sourced food. Overall, Balmattum is ideal for individuals and families who value peace, community, and a connection to nature.
Household Makeup
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Housing Stock
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Balmattum Real Estate Market Outlook
Thinking about buying in Balmattum? Now could not be a better time, with just 100 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,322,000 with prices in this suburb ranging from $755,000 to $5,022,000. The aproximate distance to the coast is 133 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 Balmattum 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 Balmattum 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 Balmattum 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Balmattum there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Balmattum 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.9 | 15.6 | 32.8 | 22.1 | 77.2 | 4.7 | 27.1 |
| Feb | 1.6 | 15.6 | 30.8 | 29.0 | 82.0 | 4.2 | 23.4 |
| Mar | 1.7 | 12.7 | 26.7 | 34.4 | 85.5 | 3.9 | 18.8 |
| Apr | 1.4 | 9.2 | 22.8 | 41.7 | 92.2 | 3.0 | 13.6 |
| May | 1.1 | 5.6 | 17.5 | 54.0 | 96.5 | 3.0 | 9.9 |
| Jun | 1.3 | 3.5 | 14.1 | 65.0 | 98.5 | 2.7 | 8.1 |
| Jul | 1.5 | 3.9 | 13.3 | 66.8 | 98.4 | 3.3 | 8.2 |
| Aug | 1.2 | 3.7 | 14.7 | 57.0 | 97.8 | 3.4 | 11.3 |
| Sept | 1.1 | 5.5 | 18.4 | 46.7 | 95.7 | 3.7 | 16.0 |
| Oct | 1.0 | 8 | 22.8 | 36.5 | 91.2 | 4.0 | 21.7 |
| Nov | 0.9 | 11.2 | 27.0 | 26.5 | 86.9 | 4.4 | 24.8 |
| Dec | 1.1 | 13.8 | 30.2 | 22.3 | 80.3 | 4.6 | 27.1 |
source: Australian Government Bureau of Meteorology
Public Transport
Benalla - Greater then 10KM
General Points of Interest
Euroa Swimming Pool - Less than 10 KM
Hume & Hovell - Less than 10 KM
Victoria Cross Memorial - Less than 10 KM
Euroa Minature Railway - Less than 10 KM
Euroa Bowls Club - Less than 10 KM
Nearby Suburbs
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