All About Fulham, Wellington, VIC, 3851

Fulham, Wellington, VIC, is a picturesque rural locality that offers a unique lifestyle for its residents. The housing market in Fulham is characterized by spacious properties, often boasting larger plots of land compared to metropolitan areas. This makes it an attractive option for those seeking tranquility and a bit more room to breathe. The market here tends to be stable, with property prices being relatively affordable when compared to urban centers. This affordability, coupled with the potential for long-term growth, makes Fulham an appealing choice for first-time homebuyers, retirees, or investors looking for a peaceful retreat.

Living in Fulham means embracing a slower pace of life surrounded by nature and open spaces. The community is tight-knit, with a welcoming atmosphere that is perfect for families and individuals wanting a close connection with their neighbors. Fulham provides a serene environment away from the hustle and bustle, yet it’s not too far from Sale and other towns where residents can access a wider range of amenities and services. This blend of rural charm and accessibility to nearby conveniences makes life in Fulham both relaxing and practical, offering the best of both worlds for those seeking a tranquil lifestyle.

Fulham Real Estate Market Outlook

Thinking about buying in Fulham? Now could not be a better time, with just 144 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $969,000 with prices in this suburb ranging from $449,000 to $2,495,000. The aproximate distance to the coast is 32 Km.

Consistent high demand relative to supply is a key feature in Fulham driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Fulham ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Fulham 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 Fulham to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Fulham we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Fulham a better buying opportunity than it may have been in the past.

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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