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All About Burrumbeet, Ballarat, VIC, 3352

Burrumbeet, located in the Ballarat region of Victoria, presents a unique and tranquil living environment compared to the bustling city life. The housing market in Burrumbeet is characterized by its affordability and variety, offering a range of properties from charming period homes to more contemporary builds. Given its rural setting, many homes come with generous parcels of land, providing great value for money. This can be particularly appealing for families and retirees looking for space without the premium price tag often associated with urban living. Recent trends have shown a steady interest in the area, driven by buyers seeking a peaceful lifestyle while still being within commuting distance to Ballarat.

Living in Burrumbeet offers a serene and community-focused atmosphere with a strong connection to nature. The area is surrounded by beautiful landscapes, including the picturesque Lake Burrumbeet, which is a popular spot for recreational activities such as fishing, boating, and picnicking. Residents enjoy a slower pace of life, with local events and gatherings fostering a tight-knit community spirit. While Burrumbeet has basic amenities, the nearby city of Ballarat provides more extensive services, education, and shopping options, making it convenient for residents to access what they need without sacrificing the charm of rural living. Overall, Burrumbeet is ideal for those who appreciate nature, community, and a quieter lifestyle.

Household Makeup

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

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Burrumbeet Real Estate Market Outlook

Thinking about buying in Burrumbeet? Now could not be a better time, with just 214 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $918,000 with prices in this suburb ranging from $332,000 to $1,545,000. The aproximate distance to the coast is 87 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Burrumbeet 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 Burrumbeet 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 Burrumbeet 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 Burrumbeet 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Burrumbeet 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.

Burrumbeet 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
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



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