All About Cardigan Village, Ballarat, VIC, 3352

Cardigan Village, located in Ballarat, Victoria, offers a unique blend of tranquil country living with the convenience of nearby urban amenities. The housing market in this charming suburb is characterized by a mix of spacious family homes and sprawling properties, appealing to those seeking a more relaxed and expansive lifestyle. Demand in the area has been steady, with homebuyers drawn to the affordability compared to Melbourne prices, along with the potential for future growth as Ballarat continues to expand. With a variety of homes ranging from modern constructions to more traditional styles, Cardigan Village caters to a diverse range of preferences and budgets.

Living in Cardigan Village means enjoying the peace and quiet of rural life while being just a short drive from the vibrant city of Ballarat. Residents benefit from the close-knit community spirit often found in smaller towns, alongside access to quality schools, parks, and local businesses. The suburb's proximity to Ballarat provides ample opportunities for cultural, recreational, and employment prospects, making it an attractive place for families, retirees, and professionals alike. With its picturesque surroundings and welcoming atmosphere, Cardigan Village offers a comfortable and enriching living experience.

Cardigan Village Real Estate Market Outlook

Thinking about buying in Cardigan Village? Now could not be a better time, with just 227 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $877,000 with prices in this suburb ranging from $270,000 to $3,390,000. The aproximate distance to the coast is 85 Km.

Consistent high demand relative to supply is a key feature in Cardigan Village driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cardigan Village are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cardigan Village 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 Cardigan Village to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cardigan Village we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cardigan Village a better buying opportunity than it may have been in the past.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

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!