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All About Brim, Yarriambiack, VIC, 3391

Brim, located in the Yarriambiack Shire of Victoria, is a small rural town that has seen a relatively stable housing market. The residential properties here are predominantly single-family homes, reflecting the town's charm and rural lifestyle. With lower property prices compared to urban areas, Brim offers an affordable option for those looking to invest in real estate or purchase a home. The market is characterized by limited listings, as is typical for smaller towns, which can lead to tighter competition for available properties. Despite this, the cost-effectiveness and the appeal of vast open spaces continue to attract buyers who appreciate a quiet and community-focused environment.

Living in Brim offers a peaceful and close-knit community experience, surrounded by scenic landscapes and a slower pace of life. The town is known for its friendly residents and agricultural roots, providing a serene backdrop for families and retirees alike. Amenities like local shops, schools, and parks cater to everyday needs, while the community often comes together for local events and festivities, fostering a strong sense of belonging. The iconic Brim Silo Art, which has put the town on the map, is a testament to the vibrant local culture. Overall, Brim provides an ideal setting for those looking to escape the hustle of larger cities and embrace the tranquility of rural living.

Household Makeup

Median Weekly Rent $180.00
Median Monthly Mortgage $542.00
Median Persons Per bed houseroom 0.80
Average Household Size 3.00
Average Age 44.00
Average Income $757.00
Average Cars Per Dwelling 3.01
Average Properties Within 50M 3
Typical 1 bed house$119,000
Typical 2 bed house$62,000
Typical 3 bed house
Typical 4 bed house$416,000

Housing Stock

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Brim Real Estate Market Outlook

Thinking about buying in Brim? Now could not be a better time, with just 168 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $174,000 with prices in this suburb ranging from $36,000 to $417,000. The aproximate distance to the coast is 226 Km.

In Brim there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Brim 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 Brim 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 Brim 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 Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Brim there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Brim 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
May1.36.11849.896.44.69.7
Jun1.23.415.359.098.63.68.8
Jul1.34.014.561.398.54.89.0
Aug1.33.815.451.294.64.911.9
Sept0.64.219.138.293.25.116.3
Oct1.57.322.939.097.6518.8
Nov0.99.527.024.789.55.722.1
Dec1.212.330.122.182.95.925.1
Jan0.613.331.420.485.45.825.9
Feb0.413.830.624.981.35.723.2
Mar0.512.22829.284.55.218.0
Apr0.68.624.032.888.44.613.0

source: Australian Government Bureau of Meteorology




General Points of Interest


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