All About Bellbrae, Surf Coast, VIC, 3228

Bellbrae, located on Victoria’s Surf Coast, is a picturesque rural township known for its serene landscape and close proximity to some of Australia’s most beautiful beaches. The housing market in Bellbrae offers a unique blend of rural charm and coastal allure. Properties here typically range from sprawling acreage estates to more modest family homes, providing a variety of options for potential homeowners. Due to its desirable location near tourist attractions like the Great Ocean Road and the renowned Bells Beach, the real estate market can be competitive, with property values reflecting the area's increasing popularity. Buyers are often attracted to Bellbrae for its relaxed lifestyle, natural beauty, and the sense of community that comes with small-town living, making it an appealing choice for families, retirees, and anyone looking to escape the hustle and bustle of urban life.

Living in Bellbrae provides residents with an idyllic blend of coastal and rural experiences. The town is known for its strong community spirit, hosting local events and markets that bring people together and celebrate the region's rich agricultural heritage. With its proximity to beaches, national parks, and the vibrant town of Torquay, residents have ample opportunities for outdoor activities such as surfing, hiking, and cycling. The area is also served by a selection of local amenities, including schools, cafes, and shops, ensuring that all essential needs are met while maintaining a peaceful, laid-back atmosphere. Bellbrae's charm lies in its ability to offer a lifestyle that balances tranquility with the excitement of nearby coastal attractions, making it a highly desirable location for those seeking a harmonious blend of nature and community living.

Bellbrae Real Estate Market Outlook

Thinking about buying in Bellbrae? Now could not be a better time, with 887 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,442,000 with prices in this suburb ranging from $835,000 to $5,419,000. Bellbrae is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Bellbrae driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Bellbrae ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Bellbrae classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Bellbrae requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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General Points of Interest

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