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All About Campaspe West, Campaspe, VIC, NULL

As of the latest data, Campaspe West in Victoria provides a snapshot of a regional Australian housing market characterized by relatively affordable property prices compared to urban centers. The housing market in Campaspe West is predominantly made up of detached houses, reflecting its rural setting and preference for more spacious living. Buyers are often attracted to the area due to its wide-open spaces and the lifestyle it affords, along with the potential for larger homes and properties at a lower cost. While the market has remained stable, it experiences the ebb and flow typical of regional areas, where external economic factors and population changes can influence housing demand.

Living in Campaspe West offers a serene and community-focused environment, ideal for families, retirees, and individuals seeking a slower pace of life away from the hustle and bustle of larger cities. The area is characterized by its close-knit community spirit, agricultural backdrop, and scenic landscapes. Residents enjoy a lifestyle that combines the tranquility of rural living with the convenience of being within reach of larger towns for essential services and amenities. The abundance of outdoor activities, such as hiking and exploring the local natural attractions, enhances the appeal of the area. Overall, Campaspe West provides a peaceful lifestyle with the charm of community living and the benefits of beautiful natural surroundings.

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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Campaspe West Real Estate Market Outlook

Thinking about buying in Campaspe West? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.

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 Campaspe West 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 Campaspe West 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. Medium density in Campaspe West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Campaspe West 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 Campaspe West 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.

Campaspe West 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
Jan1.315.732.823.780.93.226.4
Feb0.615.331.426.381.62.923.5
Mar1.413.127.832.086.12.718.0
Apr1.59.523.141.392.62.113.3
May1.36.317.854.597.02.19.4
Jun1.53.914.266.798.71.97.6
Jul1.33.713.866.498.62.28.4
Aug13.81557.298.12.311.3
Sept1.05.618.747.297.52.416.2
Oct0.87.923.734.993.32.721.6
Nov0.810.727.32789.43.024.9
Dec1.313.530.721.681.53.228.1

source: Australian Government Bureau of Meteorology



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