All About Bells Beach, Surf Coast, VIC, 3228

Bells Beach, located on the Surf Coast of Victoria, is renowned for its stunning coastal scenery and world-class surf breaks. The housing market in this idyllic location reflects both the area's natural allure and the limited availability of properties, as it is a small and highly sought-after community. Homes here typically range from charming coastal cottages to modern architectural designs that maximize ocean views. Due to the popularity of Bells Beach as both a holiday destination and a permanent residence, property prices tend to be on the higher end compared to other parts of the Surf Coast. The market can be competitive, with high demand from buyers seeking either vacation homes or investment properties that capitalize on the area's tourist appeal.

Living in Bells Beach offers a unique and laid-back lifestyle characterized by its close-knit community and proximity to nature. Residents enjoy a quiet, serene environment away from the hustle and bustle of city life, with easy access to some of the most iconic surf spots in the world. The area is perfect for outdoor enthusiasts, offering not just exceptional surfing, but also opportunities for hiking and exploring the nearby Great Otway National Park. Additionally, the town of Torquay, known for its excellent dining and shopping options, is just a short drive away, providing the conveniences of urban living without sacrificing the tranquility of coastal life. For those who appreciate a blend of natural beauty and an active lifestyle, Bells Beach is an enticing place to call home.

Bells Beach Real Estate Market Outlook

Thinking about buying in Bells Beach? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,196,000 with prices in this suburb ranging from $1,867,000 to $6,706,000. Bells Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Bells Beach driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Bells Beach 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 Bells Beach 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 Bells Beach 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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Public Transport

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General Points of Interest

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