Gnarwarre, located in the Surf Coast Shire of Victoria, offers a unique blend of rural charm and proximity to more developed areas, making it an intriguing choice for potential homebuyers. The housing market here is characterized by spacious properties, often with expansive plots of land, that appeal to those looking for tranquility away from the bustling city life. In recent years, the area's appeal has grown, driven by an increasing number of individuals seeking lifestyle changes or retreat options. While the market remains relatively affordable compared to major urban centers, there has been a noticeable uptick in interest and property values, influenced by the broader trend of regional migration spurred by the pursuit of a more balanced lifestyle.
Living in Gnarwarre offers the best of both worlds: the peace of a rural setting and the convenience of nearby amenities and attractions. Residents enjoy a tight-knit community atmosphere, enveloped by the area's natural beauty, with rolling hills and accessible coastline. The locale is ideal for nature enthusiasts and those who cherish outdoor activities, providing plenty of opportunities for hiking, cycling, and exploring the countryside. Moreover, with the vibrant city of Geelong just a short drive away, inhabitants can easily access a wide range of facilities, including shopping, dining, and entertainment options. Gnarwarre thus presents an enviable lifestyle for individuals and families seeking a serene but connected living environment.
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Thinking about buying in Gnarwarre? Now could not be a better time, with just 150 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,877,000 with prices in this suburb ranging from $267,000 to $3,624,000. The aproximate distance to the coast is 13 Km.
In Gnarwarre there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Gnarwarre 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 Gnarwarre 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 Gnarwarre 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 Gnarwarre 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 Valuation92 Monahans Road, Gnarwarre, VIC, 3221 | 5 | 2 | 3 | $3,350,000 - $3,650,000 |
None within suburb boundary
(While the above schools are located with the suburb of Gnarwarre 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 | |
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Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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