Cape Bridgewater, located in the Glenelg Shire of Victoria, offers a unique and serene housing market that stands apart from more bustling urban areas. Known for its stunning natural scenery, including breathtaking cliffs and pristine beaches, the area provides a tranquil living environment that appeals to nature enthusiasts and those seeking a peaceful lifestyle. The housing market in Cape Bridgewater tends to have limited listings due to its small size and the appeal of its picturesque surroundings. Properties often consist of charming beachside cottages and modern homes with views of the spectacular Southern Ocean, catering to both permanent residents and those looking for a coastal retreat.
Living in Cape Bridgewater means embracing a close-knit community atmosphere where residents can enjoy a slower pace of life. Outdoor recreational activities abound, with opportunities to explore the Great South West Walk, visit the iconic Cape Bridgewater Blowholes, and observe the resident seal colony. The small population ensures a sense of privacy and exclusivity, while the proximity to the larger town of Portland provides access to necessary amenities, including schools, shops, and medical services. Overall, life in Cape Bridgewater offers a blend of natural beauty, community spirit, and a laid-back vibe, making it an attractive place for those seeking to escape the hustle and bustle of city life.
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Thinking about buying in Cape Bridgewater? Now could not be a better time, with just 161 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $799,000 with prices in this suburb ranging from $226,000 to $1,750,000. Cape Bridgewater is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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 Cape Bridgewater due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cape Bridgewater provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cape Bridgewater 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 Cape Bridgewater 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Cape Bridgewater 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 | 1.4 | 12.9 | 23.1 | 50.5 | 90.9 | 4.5 | 23.8 |
Feb | 1.2 | 13.5 | 23.2 | 50.8 | 90.5 | 4.4 | 20.1 |
Mar | 1.5 | 12.2 | 21.2 | 54.0 | 91.8 | 4.2 | 15.5 |
Apr | 1.9 | 10.1 | 19 | 56.1 | 92.8 | 4.0 | 11.2 |
May | 3.2 | 8.6 | 16 | 61.6 | 93.0 | 4.5 | 8.1 |
Jun | 3.8 | 6.4 | 13.8 | 65.1 | 93.6 | 4.1 | 7.0 |
Jul | 4.4 | 6.6 | 13.3 | 64.6 | 93.0 | 5.2 | 7.1 |
Aug | 3.2 | 6.8 | 14.0 | 59.4 | 91.9 | 5.4 | 10.1 |
Sept | 2.7 | 7.7 | 16.0 | 56.1 | 92.0 | 5.4 | 14.7 |
Oct | 2.2 | 8.7 | 17.4 | 55.3 | 91.8 | 4.9 | 19.4 |
Nov | 1.6 | 10.2 | 19.0 | 56.0 | 92.4 | 4.7 | 22.6 |
Dec | 1.7 | 11.4 | 21.3 | 54 | 92.5 | 4.8 | 26.1 |
source: Australian Government Bureau of Meteorology
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