All About Benloch, Macedon Ranges, VIC, 3435

Benloch, nestled in the picturesque Macedon Ranges of Victoria, presents a unique charm in the housing market, characterized by its tranquil rural setting and scenic landscapes. Real estate in this area predominantly features spacious properties, with many homes offering expansive lots that appeal to those seeking a serene lifestyle away from the hustle and bustle of urban areas. The housing market here tends to attract buyers interested in rural living, with a range of offerings from quaint cottages to more substantial family homes, often surrounded by lush greenery and native bushland. The pricing in Benloch can vary, but generally, it is considered more accessible compared to the neighboring towns and suburbs that are closer to Melbourne, making it an attractive option for those looking for a peaceful retreat with easy access to natural beauty.

Living in Benloch offers residents a lifestyle characterized by tranquility and community spirit. The area is ideal for nature lovers, with numerous walking trails, parks, and reserves that highlight the stunning landscapes of the Macedon Ranges. The local community is tight-knit, providing a welcoming environment for both long-time residents and newcomers. Although Benloch offers a quiet rural setting, it is still within reasonable driving distance to essential amenities and services in nearby towns like Kyneton and Woodend, ensuring a balance between secluded living and convenience. Residents often enjoy a slower pace of life, with opportunities for outdoor activities such as hiking, cycling, and wildlife watching, making Benloch an appealing choice for those looking to escape urban pressures while enjoying the beauty of Victoria's countryside.

Benloch Real Estate Market Outlook

Thinking about buying in Benloch? Now could not be a better time, with just 127 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,520,000 with prices in this suburb ranging from $573,000 to $3,262,000. The aproximate distance to the coast is 67 Km.

Consistent high demand relative to supply is a key feature in Benloch driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Benloch are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Benloch provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Benloch necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Benloch 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.

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