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All About Clonbinane, Mitchell, VIC, 3658

Clonbinane, located in the Mitchell Shire of Victoria, offers a unique blend of rural tranquility and a burgeoning housing market, which has gained attention from prospective homebuyers seeking a peaceful retreat not too far from the amenities of urban centers. The housing market in Clonbinane is characterized by larger plots and spacious homes, often more affordable compared to the bustling Melbourne market. This makes it particularly attractive for families and individuals looking for more space as well as first-time buyers seeking to enter the property market. Properties in Clonbinane typically consist of single-family homes, often set against the scenic backdrop of the Australian countryside, offering residents picturesque views and a sense of serenity.

Living in Clonbinane provides a lifestyle that balances work and leisure. Its close-knit community and rural charm allow residents to enjoy a slower pace of life, which can be a refreshing change from the hustle and bustle of city living. Outdoor enthusiasts will find plenty to explore, with nearby forests and nature reserves offering opportunities for hiking, horseback riding, and other outdoor activities. Despite its rural setting, Clonbinane is within commuting distance to Melbourne, making it a practical choice for those who work in the city but prefer a quieter home environment. Overall, living in Clonbinane suits those who value space, nature, and a close community while still needing access to the conveniences of city life.

Household Makeup

Median Weekly Rent $331.14
Median Monthly Mortgage $1801.07
Median Persons Per bed houseroom 0.81
Average Household Size 2.71
Average Age 44.64
Average Income $757.36
Average Cars Per Dwelling 2.50
Average Properties Within 50M 1
Typical 1 bed house$1,121,000
Typical 2 bed house$1,121,000
Typical 3 bed house$1,026,000
Typical 4 bed house$1,169,000
Typical 5 bed house$1,526,000

Housing Stock

Local Internet Speeds

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Clonbinane Real Estate Market Outlook

Thinking about buying in Clonbinane? Now could not be a better time, with just 206 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,106,000 with prices in this suburb ranging from $314,000 to $1,668,000. The aproximate distance to the coast is 45 Km.

In Clonbinane there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Clonbinane are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Clonbinane classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Clonbinane necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Clonbinane 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 Clonbinane a better buying opportunity than it may have been in the past.

Instant Property Valuation

Houses for sale Clonbinane

BarryPlant 460 Doctors Creek Road, Clonbinane, VIC, 3658 Beds2 Bathrooms1 Parking 0 $585,000 - $630,000
Properties for sale in Clonbinane

Local Schools

Wandong Primary School

(While the above schools are located with the suburb of Clonbinane 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.

Clonbinane 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
Jan1.612.626.337.492.86.625.2
Feb1.512.925.441.993.86.320.9
Mar1.811.521.949.094.46.116.5
Apr1.79.417.657.094.25.912.1
May2.06.812.968.996.26.48.8
Jun2.55.010.178.998.46.47.3
Jul2.24.29.480.298.77.07.4
Aug2.24.210.571.098.16.810.2
Sept2.45.913.661.595.56.814.8
Oct2.07.316.956.695.36.719.1
Nov2.49.220.449.296.16.222.6
Dec1.611.023.841.194.76.326.0

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

Waterford ParkHeathcote JunctionWandongReedy CreekUpper PlentyWhittleseaHazeldeneFlowerdaleStrath CreekTyaak

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