Club Terrace is a quaint and peaceful locality nestled within the scenic landscapes of East Gippsland, Victoria. The housing market here offers a blend of charming rural homesteads and modest contemporary houses, making it a potentially appealing choice for those looking to escape the hustle and bustle of urban living. With properties often boasting large plots of land, residents have the luxury of space and privacy. The region's affordability is a draw for first-time homebuyers and retirees alike, who are searching for a serene lifestyle amidst nature. Recent trends indicate a stable market, with a gentle increase in property values reflecting a consistent interest in this idyllic area.
Living in Club Terrace provides a tranquil lifestyle surrounded by breathtaking natural beauty. The area is dotted with lush forests and is not far from the Gippsland Lakes, offering plenty of opportunities for outdoor activities such as hiking, fishing, and boating. The community is tight-knit, often characterized by friendly interactions and a slower pace of life, which can be particularly appealing to those who appreciate a more relaxed daily rhythm. Essential amenities are accessible within a short drive, ensuring that while the area feels removed from the chaos of city life, convenience is not sacrificed. Overall, Club Terrace offers a simple yet fulfilling living experience, perfect for those who relish a close connection to nature and community.
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Thinking about buying in Club Terrace? Now could not be a better time, with just 89 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $372,000 with prices in this suburb ranging from $34,000 to $539,000. The aproximate distance to the coast is 14 Km.
Consistent high demand relative to supply is a key feature in Club Terrace 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 Club Terrace due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Club Terrace 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 Club Terrace 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 Club Terrace 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 | 1.7 | 15.1 | 26.4 | 49.0 | 92.3 | 2.6 | 24.4 |
Feb | 2.1 | 15.1 | 25.9 | 54.0 | 94.4 | 2.2 | 20.1 |
Mar | 2.5 | 14.3 | 23.9 | 55.9 | 95.7 | 2.3 | 16.6 |
Apr | 3.3 | 10.9 | 20.7 | 55.1 | 95.1 | 2.2 | 12.8 |
May | 1.4 | 8.1 | 18.1 | 53.2 | 93.0 | 2.3 | 9.8 |
Jun | 3.4 | 6.1 | 15.2 | 59.8 | 95.2 | 2.2 | 8.2 |
Jul | 2.1 | 5.9 | 15.3 | 54.9 | 91.0 | 2.3 | 8.2 |
Aug | 2.2 | 6.1 | 15.6 | 52.7 | 92.1 | 2.5 | 10.6 |
Sept | 3.1 | 8.0 | 18.4 | 49.4 | 94.9 | 2.6 | 14.8 |
Oct | 2.6 | 9.2 | 19.6 | 52.5 | 94.2 | 2.8 | 20.2 |
Nov | 2.3 | 11.5 | 22.0 | 55.3 | 95.5 | 2.3 | 22.9 |
Dec | 2.4 | 12.8 | 24.3 | 49.6 | 93.8 | 2.8 | 27.9 |
source: Australian Government Bureau of Meteorology
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