Barongarook, located in the Colac Otway region of Victoria, offers a serene and picturesque setting for those seeking a tranquil lifestyle amidst nature. The housing market in Barongarook is characterized by spacious properties, many of which offer expansive lots that are appealing to families and individuals seeking privacy and a bit of room to roam. The area typically features a mix of charming farmhouses and modern country-style homes, reflecting its rural character. While property values in Barongarook tend to be more affordable compared to metropolitan areas, the market has seen moderate growth as more people seek to escape the hustle and bustle of city life for a peaceful rural environment.
Living in Barongarook provides residents with a close-knit community feel, enhanced by the natural beauty of the surrounding bushland, hills, and nearby attractions like the Otway Ranges. The area is ideal for outdoor enthusiasts, with numerous opportunities for hiking, wildlife observation, and enjoying local wineries and produce. Despite its rural setting, Barongarook is conveniently located just a short drive from Colac, which offers essential services, shopping, schools, and healthcare facilities. This blend of rural charm and accessibility makes Barongarook an attractive destination for those looking to enjoy a peaceful lifestyle without sacrificing convenience.
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Thinking about buying in Barongarook? Now could not be a better time, with just 252 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $836,000 with prices in this suburb ranging from $205,000 to $1,278,000. The aproximate distance to the coast is 28 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 Barongarook 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 Barongarook 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 Barongarook 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 Barongarook 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 | 1.2 | 12.9 | 26.5 | 36.8 | 95.4 | 6.4 | 24.9 |
Feb | 0.9 | 13.3 | 25.5 | 42.3 | 95.6 | 6.5 | 20.8 |
Mar | 1.1 | 12.2 | 23.2 | 44.6 | 94.3 | 6.3 | 16.1 |
Apr | 1.4 | 10.0 | 19.0 | 53.1 | 95.9 | 6.2 | 11.7 |
May | 1.6 | 7.9 | 15.0 | 66.9 | 96.5 | 6.6 | 8.7 |
Jun | 1.7 | 6 | 12.2 | 76.5 | 97.3 | 6.2 | 7.2 |
Jul | 1.9 | 5.5 | 11.8 | 76.4 | 97.8 | 7.6 | 7.3 |
Aug | 1.9 | 5.3 | 12.4 | 69.3 | 97.2 | 7.7 | 10.2 |
Sept | 2.0 | 6.7 | 14.9 | 63.3 | 97.2 | 7.3 | 14.3 |
Oct | 1.8 | 7.9 | 17.7 | 57.9 | 96.1 | 7.1 | 19.3 |
Nov | 1.6 | 9.3 | 20.6 | 50.7 | 97.7 | 6.6 | 22.0 |
Dec | 1.2 | 11.0 | 23.9 | 41.7 | 96.4 | 6.6 | 25.6 |
source: Australian Government Bureau of Meteorology
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