All About Fairhaven, Surf Coast, VIC, 3231

Fairhaven, located on the picturesque Surf Coast of Victoria, is a serene coastal community that has garnered attention for its beautiful landscapes and inviting atmosphere. The housing market in Fairhaven tends to reflect the tranquil and coveted seaside lifestyle. Properties here often come with higher price tags, given their proximity to the ocean and the stunning views that accompany such locations. The market is characterized by a mix of architectural styles, ranging from modern beachfront homes to charming, rustic cottages. While prices have been on the rise, driven by demand from both holiday-home seekers and those looking for a sea change, the market remains relatively stable compared to more metropolitan areas. Buyers are typically attracted by the allure of coastal living and the promise of a laid-back lifestyle, surrounded by natural beauty.

Living in Fairhaven offers a unique blend of peacefulness and community spirit. Residents enjoy access to the expansive beach, ideal for surfing, swimming, and long, leisurely walks. The area promotes an active outdoor lifestyle, with numerous walking trails and parks. Community events and local markets encourage neighborly interactions and a tight-knit community feel. Despite its tranquil setting, Fairhaven doesn’t sacrifice convenience, with nearby towns offering amenities such as shops, cafes, and schools. The blend of scenic relaxation and community engagement makes Fairhaven a desirable location for families, retirees, and anyone looking to escape the bustle of city life while still enjoying access to essential services.

Fairhaven Real Estate Market Outlook

Thinking about buying in Fairhaven? Now could not be a better time, with 619 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,218,000 with prices in this suburb ranging from $518,000 to $8,456,000. Fairhaven is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Fairhaven driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Fairhaven 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 Fairhaven 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 Fairhaven 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 Fairhaven 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 Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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