Boorolite, a part of the Mansfield Shire in Victoria, offers a unique slice of rural Australian life that’s increasingly drawing interest within the housing market. This area, characterized by its sweeping landscapes and proximity to the stunning Alpine National Park, presents a serene escape from the hustle and bustle of urban living. The housing market in Boorolite tends to reflect this tranquil, rural lifestyle, with properties typically offering expansive lands and scenic views. Prices in Boorolite have seen a gradual increase, influenced by the broader trends in the Australian real estate market, yet they often remain more affordable compared to metropolitan areas. This makes Boorolite not only an appealing choice for those seeking a laid-back lifestyle but also for those considering investment opportunities in more peaceful settings.
Living in Boorolite provides residents with a unique lifestyle that is deeply connected to nature and the outdoors. With its close proximity to Mansfield, locals have convenient access to amenities while still enjoying the benefits of rural life, such as community events, local markets, and ample space for outdoor activities like hiking, cycling, and horse riding. The region's climate, characterized by crisp winters and warm summers, allows for a variety of seasonal activities, including skiing in nearby Mount Buller during the winter months. The strong sense of community, combined with the natural beauty and relaxed pace of life, makes Boorolite an increasingly attractive option for families, retirees, and anyone looking to experience the charm of rural Victoria.
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Thinking about buying in Boorolite? Now could not be a better time, with just 122 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $735,000 with prices in this suburb ranging from $401,000 to $2,785,000. The aproximate distance to the coast is 127 Km.
Consistent high demand relative to supply is a key feature in Boorolite driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Boorolite 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 Boorolite 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. Lower than average population density constrains growth in Boorolite to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Boorolite 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 Valuation1055 Chapel Hill Road, Boorolite, VIC, 3723 | 0 | 0 | 0 | $1,650,000 - $1,750,000 | |
Meadowlark Park, 130 Killarney Lane, Boorolite, VIC, 3723 | 4 | 2 | 1 | $1,600,000 - $1,700,000 |
Merrijig Primary School
(While the above schools are located with the suburb of Boorolite there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
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Jan | 2.9 | 10.1 | 19.0 | 37.5 | 78.5 | 5.4 | 26.6 |
Feb | 3.6 | 8.9 | 17.1 | 45.8 | 83.9 | 5.0 | 20.3 |
Mar | 3.4 | 6.5 | 13.8 | 54.9 | 92.5 | 5.4 | 16.5 |
Apr | 4.3 | 3.9 | 10.1 | 59.0 | 92.6 | 5.6 | 12.3 |
May | 5.1 | 0.5 | 5.5 | 67.6 | 95.1 | 6.6 | 8.0 |
Jun | 5.7 | -1.4 | 3.0 | 71.0 | 95.5 | 5.6 | 6.8 |
Jul | 6.1 | -2.6 | 1.2 | 82.0 | 97.8 | 5.4 | 6.3 |
Aug | 6.1 | -2.9 | 1.5 | 78.1 | 98.0 | 5.9 | 9.5 |
Sept | 4.2 | -0.8 | 5.3 | 63.8 | 96.6 | 5.3 | 14.2 |
Oct | 4.3 | 2.0 | 9.4 | 57.7 | 92.3 | 5.1 | 20.2 |
Nov | 4.2 | 4.2 | 12.0 | 53.9 | 90.4 | 6 | 22.6 |
Dec | 3.6 | 6.9 | 15.4 | 43.1 | 83.9 | 5.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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