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All About Beeac, Colac Otway, VIC, 3251

Beeac, situated in the Shire of Colac Otway, Victoria, offers a quaint and peaceful lifestyle that is reflected in its housing market. The town is characterized by its charming rural setting and tight-knit community, making it an attractive location for those seeking a slower pace of life away from the hustle and bustle of larger cities. In recent years, Beeac has seen a stable property market with moderate appreciation in home values, driven by interest from individuals and families looking to escape urban environments without sacrificing essential amenities. The housing options in Beeac predominantly consist of single-family homes on generous plots of land, providing ample space for gardens and outdoor activities. As a result, the area is ideal for families, retirees, and anyone desiring a more laid-back lifestyle surrounded by nature.

Living in Beeac offers residents a blend of rural charm and conveniences, with easy access to essential services in nearby towns such as Colac. The town boasts a strong sense of community, with local events and activities that bring residents together, fostering a welcoming environment. Beeac's local landmarks, such as the historic Beeac Windmill Park, contribute to the town’s unique character and appeal. Additionally, the surrounding natural beauty provides numerous opportunities for outdoor recreation, including hiking, bird watching, and exploring nearby national parks. The slower pace of life, coupled with the scenic views of the Victorian countryside, makes Beeac an attractive place for those looking to enjoy both tranquility and community spirit.

Household Makeup

Median Weekly Rent $220.00
Median Monthly Mortgage $1083.00
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 50.00
Average Income $626.00
Average Cars Per Dwelling 2.01
Average Properties Within 50M 10
Typical 1 bed house$471,000
Typical 2 bed house$400,000
Typical 3 bed house$572,000
Typical 4 bed house$817,000
Typical 5 bed house$422,000

Housing Stock

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Beeac Real Estate Market Outlook

Thinking about buying in Beeac? Now could not be a better time, with just 422 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $505,000 with prices in this suburb ranging from $125,000 to $1,321,000. The aproximate distance to the coast is 36 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 Beeac 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 Beeac 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 Beeac 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

Houses for sale Beeac

Harcourts 17-21 Weston Street, Beeac, VIC, 3251 Beds Bathrooms $190,000 - $200,000
Harcourts 21 Weston Street, Beeac, VIC, 3251 Beds Bathrooms $210,000 - $220,000
Properties for sale in Beeac

Local Schools

Beeac Primary School

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Beeac 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
Jan1.212.926.536.895.46.424.9
Feb0.913.325.542.395.66.520.8
Mar1.112.223.244.694.36.316.1
Apr1.410.019.053.195.96.211.7
May1.67.915.066.996.56.68.7
Jun1.7612.276.597.36.27.2
Jul1.95.511.876.497.87.67.3
Aug1.95.312.469.397.27.710.2
Sept2.06.714.963.397.27.314.3
Oct1.87.917.757.996.17.119.3
Nov1.69.320.650.797.76.622.0
Dec1.211.023.941.796.46.625.6

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


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