All About Cavendish, Southern Grampians, VIC, 3314
Cavendish, located in the Southern Grampians region of Victoria, offers a unique housing market characterized by its rural charm and affordability compared to larger urban areas. The market here is predominantly composed of spacious family homes and sprawling rural properties, reflecting the area's agricultural heritage and wide-open spaces. With property prices generally lower than in the bustling city centers, Cavendish provides an attractive option for those looking to escape the hustle and bustle while still having access to essential amenities. Recent trends in the housing market indicate a steady demand, as more people are becoming attracted to the quieter lifestyle, spacious land, and the potential for investment in rural settings.
Living in Cavendish means embracing a close-knit community atmosphere, surrounded by picturesque landscapes and natural beauty. Residents enjoy a slower pace of life, with opportunities to engage in outdoor activities such as hiking in the nearby Grampians National Park or exploring the serene Wannon River. The town itself offers essential services and facilities, fostering a strong sense of community where neighbors know each other by name. Educational needs are catered to by local schools, and the region's agricultural base provides a stable economic backdrop. For those seeking a tranquil lifestyle with the convenience of modern necessities within reach, Cavendish stands out as a desirable place to call home.
Household Makeup
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Housing Stock
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Cavendish Real Estate Market Outlook
Thinking about buying in Cavendish? Now could not be a better time, with just 287 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $421,000 with prices in this suburb ranging from $44,000 to $1,214,000. The aproximate distance to the coast is 75 Km.
Consistent high demand relative to supply is a key feature in Cavendish driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Cavendish 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 Cavendish 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 Cavendish 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 Cavendish 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 ValuationProperties for sale Cavendish
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52-56 Cameron Street, Cavendish, VIC, 3314 |  |
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$100,000 | |
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19 Bunbury Street, Cavendish, VIC, 3314 | 1 |
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$335,000 |
Local Schools
Cavendish Primary School
(While the above schools are located with the suburb of Cavendish there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cavendish 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 | 0.7 | 11.7 | 28.2 | 29.5 | 91.0 | 5.5 | 24.7 |
| Feb | 0.9 | 12.1 | 26.9 | 35.7 | 91.2 | 5.4 | 21.2 |
| Mar | 1.2 | 10.6 | 23.7 | 40.9 | 92.6 | 5.2 | 16.6 |
| Apr | 1.6 | 8.7 | 19.6 | 48.6 | 93.1 | 4.6 | 11.7 |
| May | 2.1 | 6.8 | 15.3 | 62.1 | 94.9 | 4.8 | 8.7 |
| Jun | 4.0 | 4.8 | 12.9 | 69.6 | 96.6 | 4.6 | 7.5 |
| Jul | 2.6 | 4.8 | 12.3 | 71.0 | 96.8 | 5.3 | 7.5 |
| Aug | 2.4 | 4.6 | 13.1 | 61.9 | 94.8 | 5.4 | 10.1 |
| Sept | 2.1 | 5.9 | 15.6 | 55.2 | 94.4 | 5.4 | 14.4 |
| Oct | 1.7 | 7.0 | 19.0 | 50.7 | 94.5 | 5.2 | 18.9 |
| Nov | 1.3 | 8.4 | 22.0 | 43.2 | 94.3 | 5.2 | 22.2 |
| Dec | 1.0 | 9.8 | 25.1 | 36.1 | 92.2 | 5.4 | 26.1 |
source: Australian Government Bureau of Meteorology
Nearby Suburbs
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