Thinking about buying in Chiltern Valley? Now could not be a better time, with just 64 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $914,000 with prices in this suburb ranging from $817,000 to $1,162,000. The aproximate distance to the coast is 226 Km.
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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. Incomes in Chiltern Valley are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Chiltern Valley 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Chiltern Valley 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.
110 BESTS RD, CHILTERN VALLEY, VIC, 3683 | 4 | 2 | 3 | $1,390,000 |
St Joseph's School
Chiltern Primary School
(While the above schools are located with the suburb of Chiltern Valley 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 | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
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