Durham Lead, located near Ballarat in Victoria, offers a unique and appealing perspective on the housing market characterized by its semi-rural charm and growing appeal among homebuyers looking for a peaceful country lifestyle. The area is marked by lush landscapes, larger property sizes, and a general sense of tranquility that is increasingly rare in more urbanized locales. In recent years, Durham Lead has seen a subtle increase in demand as people seek retreat-like residential settings without straying too far from urban conveniences provided by nearby Ballarat. The housing market here typically features a mix of older farmhouses, newer builds, and the occasional architectural gem, catering to diverse tastes and budgets.
Living in Durham Lead provides a genuine escape from the hustle and bustle of city life, offering peace and a strong sense of community. The area is perfect for families, retirees, and individuals who appreciate nature, as many homes come with extensive land that invites outdoor activities and gardening. Despite its rural feel, residents won’t find themselves isolated: Ballarat’s amenities, services, and vibrant cultural scene are just a short drive away, providing a balanced blend of rural and urban living. Additionally, proximity to schools, shops, and other local facilities ensures convenience without sacrificing the serenity that defines the area. Overall, Durham Lead presents a compelling option for those looking to enjoy a quiet, spacious lifestyle while remaining connected to regional centers.
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Thinking about buying in Durham Lead? Now could not be a better time, with just 207 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $999,000 with prices in this suburb ranging from $550,000 to $1,565,000. The aproximate distance to the coast is 56 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 Durham Lead 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 Durham Lead 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 Durham 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 Durham 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 Valuation303 Sandys Hill Road, Durham Lead, VIC, 3352 | 3 | 1 | 4 | $995,000 - $1,045,000 |
None within suburb boundary
(While the above schools are located with the suburb of Durham 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 | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
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