Corryong, located in the Towong Shire of Victoria, is a charming rural town that offers a unique insight into the quieter side of the Australian lifestyle, making it an appealing option for those looking to escape the bustling pace of city life. The housing market in Corryong is characterized by affordability and variety, with options ranging from classic Australian country homes to modern residences. The area's real estate is often more budget-friendly when compared to metropolitan areas, providing potential homeowners with a chance to purchase spacious properties without the hefty price tag. This accessibility attracts a diverse range of residents, including families, retirees, and individuals seeking a tranquil environment. The town's real estate market reflects its serene setting and community-focused living, marked by friendly neighborhoods and open spaces.
Living in Corryong offers a delightful blend of natural beauty and community spirit. Situated amidst the rolling hills of the Upper Murray region, the town boasts stunning landscapes, including panoramic views of the Snowy Mountains. Residents enjoy a laid-back lifestyle enriched by outdoor activities, such as bushwalking, fishing, and exploring the national parks and trails nearby. The local community is known for its warmth and hospitality, often coming together for events and festivals that celebrate the region's heritage and culture. Services like schools, healthcare facilities, and a variety of local shops and cafes ensure that residents have access to essential amenities. Overall, Corryong provides a peaceful, welcoming environment where one can enjoy a slower pace of life, deeply connected with nature and community.
Median Weekly Rent | $192.50 |
Median Monthly Mortgage | $894.00 |
Median Persons Per bed houseroom | 0.63 |
Average Household Size | 2.00 |
Average Age | 53.00 |
Average Income | $551.00 |
Average Cars Per Dwelling | 1.72 |
Average Properties Within 50M | 6 |
Typical 1 bed house | $237,000 |
Typical 2 bed house | $258,000 |
Typical 3 bed house | $430,000 |
Typical 4 bed house | $641,000 |
Typical 5 bed house | $742,000 |
Typical 6 bed+ house | $385,000 |
Housing Stock
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Thinking about buying in Corryong? Now could not be a better time, with 1106 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $347,000 with prices in this suburb ranging from $63,000 to $1,456,000. The aproximate distance to the coast is 177 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Corryong 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 Corryong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Corryong 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 ValuationSacred Heart School
Corryong College
(While the above schools are located with the suburb of Corryong 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 | 2.4 | 15.1 | 27.1 | 31.8 | 76.2 | 2.0 | 26.3 |
Feb | 3.4 | 14.0 | 25.2 | 40.4 | 79.5 | 1.7 | 21.9 |
Mar | 3.6 | 11.8 | 21.7 | 47.4 | 82.9 | 1.7 | 17.3 |
Apr | 3.1 | 8.7 | 16.6 | 55.6 | 85.7 | 1.7 | 13.3 |
May | 3.5 | 5.3 | 11.8 | 66.1 | 90.3 | 1.7 | 9.4 |
Jun | 4.6 | 3.2 | 8.6 | 75.9 | 96.3 | 1.7 | 7.3 |
Jul | 5.2 | 2.1 | 7.5 | 78.0 | 98.3 | 1.9 | 7.5 |
Aug | 3.9 | 2.2 | 8.6 | 68.3 | 96.8 | 2.0 | 10.2 |
Sept | 3.3 | 4.6 | 12.7 | 56.4 | 93.2 | 2.1 | 15 |
Oct | 2.8 | 8.2 | 17.8 | 46.9 | 87.5 | 2.0 | 20.6 |
Nov | 3.3 | 10.6 | 20.7 | 42.2 | 83.9 | 2.1 | 24.7 |
Dec | 3.3 | 12.4 | 23.3 | 37.9 | 81.7 | 2.1 | 26.5 |
source: Australian Government Bureau of Meteorology
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