Gunbower, located in the Campaspe Shire of Victoria, offers a tranquil lifestyle with its charming rural setting and strong sense of community. The housing market in Gunbower reflects its countryside appeal, often characterized by more affordable prices compared to larger urban areas. Homes range from classic country-style houses to modern residences, often set on generous plots of land. This makes it appealing for families and retirees looking for space and serenity. The market is relatively stable, though like many regional areas, it has seen some fluctuation in demand due to wider economic conditions and the post-pandemic trend of people moving away from cities.
Living in Gunbower provides a unique blend of natural beauty and local amenities. Situated near the iconic Gunbower National Park and the Murray River, residents enjoy easy access to outdoor activities such as fishing, boating, and bushwalking. The town is known for its friendly atmosphere, with local events and community gatherings fostering a strong sense of belonging. While it maintains its rustic charm, Gunbower is not far from the larger towns of Echuca and Cohuna, which provide additional services and shopping options. Overall, Gunbower offers an appealing lifestyle for those looking to escape the hustle and bustle of city life while staying connected to the natural environment and community.
Median Weekly Rent | $191.67 |
Median Monthly Mortgage | $1136.50 |
Median Persons Per bed houseroom | 0.72 |
Average Household Size | 2.50 |
Average Age | 47.83 |
Average Income | $687.67 |
Average Cars Per Dwelling | 2.50 |
Average Properties Within 50M | 6 |
Typical 1 bed house | $210,000 |
Typical 2 bed house | $218,000 |
Typical 3 bed house | $414,000 |
Typical 4 bed house | $1,398,000 |
Typical 5 bed house | $263,000 |
Housing Stock
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Thinking about buying in Gunbower? Now could not be a better time, with just 430 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $332,000 with prices in this suburb ranging from $59,000 to $2,919,000. The aproximate distance to the coast is 206 Km.
Consistent high demand relative to supply is a key feature in Gunbower driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Gunbower 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 Gunbower 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Gunbower 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 Valuation30 Catanese Road, Gunbower, VIC, 3566 | 4 | 1 | $1,000,000 | ||
88 Fracaro Road, Gunbower, VIC, 3566 | 4 | 2 | Adjusted Sale Price - $895,000 |
Gunbower Primary School
Leitchville Primary School
(While the above schools are located with the suburb of Gunbower 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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