Deep Lead, nestled within the picturesque Northern Grampians region of Victoria, is a tranquil and scenic locale that offers a unique living experience marked by its natural beauty and rural charm. The housing market in Deep Lead is relatively affordable compared to urban centers, making it an attractive option for those looking to escape the hustle and bustle of city life. The area primarily features spacious properties and blocks of land that offer plenty of room for gardening, farming, or simply enjoying the serene landscapes. Due to its semi-rural nature, the market tends to attract buyers who are interested in low-density living, possibly seeking a tree-change or a quieter lifestyle.
Living in Deep Lead means being surrounded by the natural wonders of the Grampians region, with easy access to national parks and outdoor recreational activities. Residents enjoy a tight-knit community atmosphere where small-town values thrive, and neighbors often know each other by name. While amenities in Deep Lead may be limited, the nearby towns such as Stawell provide necessary services, shopping, and community events. The lifestyle here emphasizes a strong connection to the environment, making it ideal for nature lovers, retirees looking for peace and quiet, or families seeking a wholesome environment to raise children. Overall, Deep Lead promises a laid-back lifestyle where the beauty of nature and the warmth of community come together.
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Thinking about buying in Deep Lead? Now could not be a better time, with just 118 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $545,000 with prices in this suburb ranging from $545,000 to $545,000. The aproximate distance to the coast is 147 Km.
Consistent high demand relative to supply is a key feature in Deep Lead 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 Deep Lead due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Deep Lead leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Deep Lead 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 Deep Lead 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 Valuation42 Glenvale Road, Deep Lead, VIC, 3385 | 3 | 1 | 8 | Price Range $525… |
None within suburb boundary
(While the above schools are located with the suburb of Deep Lead 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 | 13.7 | 29.8 | 24.1 | 81.2 | 4.3 | 27.0 |
Feb | 0.9 | 13.8 | 28.4 | 29.2 | 82.4 | 4.2 | 23.1 |
Mar | 0.7 | 12.0 | 25.1 | 34.1 | 84.8 | 3.8 | 18.0 |
Apr | 1.0 | 9.2 | 20.5 | 41.8 | 89.5 | 3.3 | 13.1 |
May | 1.7 | 6.8 | 16.0 | 54.4 | 94.2 | 3.2 | 9.3 |
Jun | 1.7 | 4.7 | 13.0 | 64.2 | 96.5 | 3.0 | 7.7 |
Jul | 1.8 | 4.3 | 12.3 | 64.0 | 96.5 | 3.5 | 7.7 |
Aug | 1.6 | 4.6 | 13.5 | 56.2 | 95.5 | 3.5 | 10.8 |
Sept | 1.6 | 6.2 | 16.6 | 47.4 | 93.2 | 3.6 | 15.3 |
Oct | 1.0 | 8.1 | 20.9 | 37.9 | 88.5 | 3.9 | 20.7 |
Nov | 1.1 | 10.0 | 23.8 | 32.4 | 87.2 | 4.0 | 23.6 |
Dec | 1.0 | 11.9 | 27.1 | 27.2 | 82.3 | 4.1 | 26.6 |
source: Australian Government Bureau of Meteorology
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