Echuca, located in the Shire of Campaspe in Victoria, Australia, presents a unique and appealing housing market that has experienced significant interest in recent years. Known for its picturesque setting along the banks of the Murray River, Echuca combines historical charm with modern conveniences, making it an attractive destination for homebuyers and investors alike. The housing market in Echuca often offers a diverse range of properties, from quaint historical homes that echo the town's rich heritage to newer developments that cater to families and retirees seeking a peaceful lifestyle. The demand for property has been influenced by Echuca’s allure as a tourist destination and its reputation for offering a relaxed, country lifestyle while still being within a reasonable distance from major cities like Melbourne.
Living in Echuca provides residents with a blend of leisure and community spirit, characterized by its vibrant local culture and abundance of natural beauty. The town is renowned for its historical wharf and paddle steamers, attracting visitors and history enthusiasts. Residents enjoy a robust community atmosphere with frequent events and festivals that celebrate local food, wine, and arts. Additionally, the amenities in Echuca support a comfortable lifestyle, including quality schools, healthcare facilities, shopping centers, and recreational opportunities. The proximity to the Murray River provides extensive outdoor activities such as boating, fishing, and riverside picnics. Overall, Echuca offers a serene living environment with a touch of historical elegance and a strong sense of community, making it a desirable place for both families and retirees.
Median Weekly Rent | $304.75 |
Median Monthly Mortgage | $1471.15 |
Median Persons Per bed houseroom | 0.74 |
Average Household Size | 2.30 |
Average Age | 46.98 |
Average Income | $711.43 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 11 |
Typical 1 bed house | $498,000 |
Typical 2 bed house | $426,000 |
Typical 3 bed house | $557,000 |
Typical 4 bed house | $872,000 |
Typical 5 bed house | $1,102,000 |
Typical 6 bed+ house | $1,234,000 |
Housing Stock
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Thinking about buying in Echuca? Now could not be a better time, with 10172 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $627,000 with prices in this suburb ranging from $45,000 to $6,144,000. The aproximate distance to the coast is 173 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. 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 Echuca 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 Echuca 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. Medium density in Echuca necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Echuca 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 ValuationEchuca Twin Rivers Primary School
River City Christian College
St Joseph's College
St Mary's School
Echuca Specialist School
Echuca East Primary School
Echuca Primary School
Echuca College
Moama Public School
Moama Anglican Grammar School
(While the above schools are located with the suburb of Echuca 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 | 15.7 | 32.8 | 23.7 | 80.9 | 3.2 | 26.4 |
Feb | 0.6 | 15.3 | 31.4 | 26.3 | 81.6 | 2.9 | 23.5 |
Mar | 1.4 | 13.1 | 27.8 | 32.0 | 86.1 | 2.7 | 18.0 |
Apr | 1.5 | 9.5 | 23.1 | 41.3 | 92.6 | 2.1 | 13.3 |
May | 1.3 | 6.3 | 17.8 | 54.5 | 97.0 | 2.1 | 9.4 |
Jun | 1.5 | 3.9 | 14.2 | 66.7 | 98.7 | 1.9 | 7.6 |
Jul | 1.3 | 3.7 | 13.8 | 66.4 | 98.6 | 2.2 | 8.4 |
Aug | 1 | 3.8 | 15 | 57.2 | 98.1 | 2.3 | 11.3 |
Sept | 1.0 | 5.6 | 18.7 | 47.2 | 97.5 | 2.4 | 16.2 |
Oct | 0.8 | 7.9 | 23.7 | 34.9 | 93.3 | 2.7 | 21.6 |
Nov | 0.8 | 10.7 | 27.3 | 27 | 89.4 | 3.0 | 24.9 |
Dec | 1.3 | 13.5 | 30.7 | 21.6 | 81.5 | 3.2 | 28.1 |
source: Australian Government Bureau of Meteorology
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