Buchan South, located in East Gippsland, Victoria, is known for its serene environment and stunning natural surroundings. The housing market in Buchan South tends to be more affordable compared to more urbanized areas, making it an attractive option for those looking to escape city life. The properties here are diverse, ranging from charming country homes to larger rural estates, often set on expansive plots of land. While the market can be slow-moving, there's a growing interest from buyers seeking a tranquil lifestyle, which brings a steady demand for the region. The affordability and availability of land might enable newcomers to build their dream homes, tailored to enjoy the area's natural beauty.
Living in Buchan South offers a unique blend of rural tranquility and close-knit community spirit. Residents enjoy a laid-back lifestyle, surrounded by picturesque landscapes such as rolling hills, lush forests, and nearby natural attractions, including the famed Buchan Caves. The community is friendly and welcoming, with a focus on outdoor activities and sustainable living. Essential amenities are not as abundant as in urban centers, but the small-town charm and the sense of peaceful isolation are significant draws for many. Overall, Buchan South provides a peaceful retreat, ideal for those who value nature, quiet, and a slower pace of life.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per bed houseroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Buchan South? Now could not be a better time, with just 131 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $403,000 with prices in this suburb ranging from $348,000 to $805,000. The aproximate distance to the coast is 18 Km.
Consistent high demand relative to supply is a key feature in Buchan South 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 Buchan South 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 Buchan South 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 Buchan South 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 Valuation320 Buchan South Road, Buchan South, VIC, 3885 | Contact Agent |
None within suburb boundary
(While the above schools are located with the suburb of Buchan South 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 | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 14.5 | 25.1 | 48.8 | 89.0 | 2.5 | 22.0 |
Feb | 2.2 | 14.5 | 24.7 | 51.2 | 91.2 | 2.4 | 19.2 |
Mar | 2.5 | 13.3 | 22.7 | 53.0 | 90.8 | 2.5 | 15.1 |
Apr | 2.3 | 11.0 | 19.5 | 53.9 | 89.8 | 2.8 | 12.4 |
May | 2.0 | 8.6 | 15.8 | 56.2 | 87.3 | 3.1 | 9.3 |
Jun | 2.8 | 6.5 | 13.1 | 61.5 | 89.2 | 3.0 | 7.7 |
Jul | 2.2 | 6.3 | 13.2 | 57.7 | 86.9 | 3.4 | 8.0 |
Aug | 1.8 | 6.1 | 13.9 | 50.6 | 86.3 | 3.5 | 10.4 |
Sept | 2.4 | 7.9 | 17.2 | 47.9 | 88.4 | 3.2 | 14.5 |
Oct | 2.7 | 9.2 | 19.3 | 48.8 | 89.9 | 2.9 | 18.3 |
Nov | 2.7 | 11.1 | 21.3 | 49.5 | 90.9 | 2.7 | 21.4 |
Dec | 2.3 | 13.1 | 23.9 | 46.8 | 89.6 | 2.5 | 23.8 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!