Buffalo
VIC, 3958
-
South Gippsland
Thinking about buying in Buffalo? Now could not be a better time, with just 253 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,013,000 with prices in this suburb ranging from $233,000 to $1,831,000. Buffalo is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Buffalo Real Estate Market Outlook
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 Buffalo 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 Buffalo 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 Buffalo 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 Buffalo 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.
Properties for sale Buffalo
|
115 buffalo north rd, buffalo, vic, 3958 |  5 |
 4 |
 2 |
$1,850,000 - $1,995,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Buffalo there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Buffalo 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 | 1.2 | 13.0 | 25.4 | 49.0 | 93.8 | 4.3 | 24.5 |
| Feb | 1.5 | 13.2 | 25.1 | 47.6 | 88.1 | 4.3 | 20.1 |
| Mar | 1.9 | 12.1 | 23.4 | 49.9 | 83.7 | 4.0 | 15.4 |
| Apr | 2.2 | 9.6 | 20.2 | 52.9 | 85.1 | 3.5 | 11.3 |
| May | 3.4 | 8.0 | 16.8 | 61.5 | 94.2 | 3.7 | 8 |
| Jun | 2.9 | 6 | 14.6 | 63.3 | 91.8 | 3.3 | 6.8 |
| Jul | 2.4 | 6.0 | 13.9 | 64.4 | 94 | 3.9 | 7.4 |
| Aug | 3 | 6.4 | 14.5 | 60.9 | 94.0 | 4.2 | 10.1 |
| Sept | 2.9 | 7.6 | 16.8 | 57.9 | 94.1 | 4.2 | 14.1 |
| Oct | 2.4 | 8.5 | 18.8 | 57.6 | 94.3 | 4.3 | 19.0 |
| Nov | 2.4 | 10.1 | 20.4 | 57.6 | 95.5 | 4.5 | 22.3 |
| Dec | 2.2 | 11.6 | 22.4 | 54.2 | 95.0 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Leongatha - Greater then 10KM
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