All About Bookaar, Corangamite, VIC, 3260
Bookaar, located in the Corangamite region of Victoria, is a small and tranquil rural community that offers a peaceful lifestyle amidst vast farmlands and rolling hills. The housing market in Bookaar is characterized by its affordability compared to urban centers, making it an attractive option for those seeking a quieter life with more space. Properties in this area are typically larger with expansive plots of land, catering well to families, retirees, or anyone looking to escape the hustle and bustle of city life. The market tends to attract individuals who appreciate the charm of rural living and the benefits of a close-knit community.
Living in Bookaar offers residents a serene environment where they can enjoy nature and engage in community activities. The region is known for its agricultural heritage, providing a picturesque backdrop of pastoral beauty and an opportunity for those interested in farming or gardening. While it lacks the amenities of larger towns, essentials are accessible in nearby Camperdown or Cobden. The community is welcoming and closely knit, hosting local events that strengthen ties among residents. Overall, Bookaar provides a relaxed lifestyle ideal for those looking to immerse themselves in nature and enjoy the simplicity of rural life.
Household Makeup
| Median Weekly Rent | $213.33 |
| Median Monthly Mortgage | $1358.33 |
| Median Persons Per bed houseroom | 0.73 |
| Average Household Size | 3.00 |
| Average Age | 46.00 |
| Average Income | $819.67 |
| Average Cars Per Dwelling | 2.49 |
| Average Properties Within 50M | 1 |
| Typical 3 bed house | $603,000 |
| Typical 4 bed house |
Housing Stock
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Bookaar Real Estate Market Outlook
Thinking about buying in Bookaar? Now could not be a better time, with just 112 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $654,000 with prices in this suburb ranging from $604,000 to $703,000. The aproximate distance to the coast is 45 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 Bookaar 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 Bookaar 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 Bookaar 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Bookaar there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Bookaar 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 11.1 | 27.2 | 37.5 | 96.4 | 4.1 | 24.7 |
| Feb | 1.2 | 11.8 | 26.8 | 39.7 | 96.6 | 4.0 | 20.5 |
| Mar | 1.1 | 10.4 | 24.3 | 43.7 | 96.6 | 3.7 | 15.7 |
| Apr | 1.5 | 8.3 | 20.3 | 50.3 | 97.6 | 3.5 | 11.5 |
| May | 2.0 | 6.6 | 16.4 | 62.2 | 98.2 | 3.7 | 8.4 |
| Jun | 1.9 | 4.6 | 13.8 | 72.6 | 99.2 | 3.6 | 7.3 |
| Jul | 2.1 | 4.7 | 13.2 | 68.9 | 97.4 | 4.3 | 7.4 |
| Aug | 2.0 | 4.6 | 14.0 | 65.5 | 98.6 | 4.5 | 10.1 |
| Sept | 2.1 | 5.7 | 16.2 | 58.8 | 98.7 | 4.4 | 14 |
| Oct | 1.8 | 6.7 | 18.8 | 55.0 | 98.3 | 4.1 | 18.7 |
| Nov | 1.4 | 8.3 | 21.2 | 51.2 | 98.5 | 4 | 21.6 |
| Dec | 1.5 | 9.8 | 24.4 | 42.9 | 97.5 | 4.2 | 24.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Camperdown - Greater then 10KM
Nearby Suburbs
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