All About Dunnstown, Moorabool, VIC, 3352

Dunnstown, located in the Moorabool Shire of Victoria, is a small and charming rural community that has recently attracted attention for its housing market. The area is characterized by its picturesque landscapes and proximity to larger towns like Ballarat, offering a perfect blend of peaceful rural living and convenient access to urban amenities. The housing market in Dunnstown is relatively affordable compared to urban centers, making it an attractive option for first-time homebuyers and those looking to escape the hustle and bustle of city life. Homes in Dunnstown range from charming older-style houses on generous plots of land to more modern dwellings, all offering ample space for families to grow and enjoy the countryside environment. The popularity of regional areas has seen a steady demand for properties, yet Dunnstown retains its affordability and charm, particularly appealing to those seeking a quieter, small-town lifestyle.

Living in Dunnstown provides residents with a cozy, community-oriented atmosphere. The town is known for its strong sense of community, where neighbors know each other, and gatherings and local events are a common occurrence. Dunnstown has easy access to schools, local shops, and recreational facilities, making it suitable for families and retirees alike. The natural surroundings offer numerous outdoor activities, such as hiking and exploring the beautiful landscape that Victoria is known for, providing ample opportunities for those who appreciate nature and outdoor pursuits. Despite its small size, Dunnstown's strategic location near Ballarat offers residents the best of both worlds—rural tranquility and the amenities of a larger city just a short drive away. The lifestyle in Dunnstown is ideal for those seeking a slower, more connected life amidst Victoria's stunning countryside.

Dunnstown Real Estate Market Outlook

Thinking about buying in Dunnstown? Now could not be a better time, with just 146 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $877,000 with prices in this suburb ranging from $490,000 to $1,712,000. The aproximate distance to the coast is 60 Km.

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 Dunnstown are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Dunnstown provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Dunnstown 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 Dunnstown 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.

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General Points of Interest

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