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All About Hopetoun, Yarriambiack, VIC, 3396

Hopetoun, nestled in the Yarriambiack Shire of Victoria, offers a serene and affordable living environment that is reflective of many small rural towns in Australia. The housing market in Hopetoun is characterized by its affordability compared to urban areas, making it an attractive option for first-time homebuyers, retirees, and those looking to escape the hustle and bustle of city life. Typically, the properties range from charming older homes with large plots of land to modern builds that cater to families or individuals desiring more contemporary living spaces. With relatively low property prices, residents find that they can enjoy spacious homes and generous yards, often at a fraction of the cost of homes in larger cities.

Living in Hopetoun offers a quiet, close-knit community experience enriched by a range of local amenities. The town is surrounded by picturesque landscapes, including the nearby Wyperfeld National Park, which provides abundant opportunities for outdoor activities such as hiking, camping, and birdwatching. Residents appreciate the relaxed pace of life, where community events and local gatherings play a central role in fostering a sense of belonging. Essential services, including a primary school, healthcare facilities, retail shops, and dining options, cater to the needs of the community, while larger regional centers are a manageable drive away for more varied services and entertainment. Overall, Hopetoun offers a peaceful, community-oriented lifestyle with a housing market that supports a balanced and fulfilling life.

Household Makeup

Median Weekly Rent $155.50
Median Monthly Mortgage $631.00
Median Persons Per bed houseroom 0.60
Average Household Size 2.00
Average Age 58.00
Average Income $525.50
Average Cars Per Dwelling 1.65
Average Properties Within 50M 5
Typical 1 bed house$72,000
Typical 2 bed house$189,000
Typical 3 bed house$219,000
Typical 4 bed house$297,000
Typical 5 bed house$272,000
Typical 6 bed+ house$277,000

Housing Stock

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Hopetoun Real Estate Market Outlook

Thinking about buying in Hopetoun? Now could not be a better time, with 618 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $198,000 with prices in this suburb ranging from $22,000 to $511,000. The aproximate distance to the coast is 224 Km.

In Hopetoun 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 Hopetoun are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Hopetoun 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 Hopetoun to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Local Schools

St Joseph's School

Hopetoun P-12 College

(While the above schools are located with the suburb of Hopetoun there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Hopetoun weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.415.325.345.578.45.326.2
Feb1.215.224.547.778.85.021.3
Mar1.214.824.648.883.74.517.4
Apr1.112.823.447.485.94.114.4
May2.09.720.248.691.23.911.5
Jun1.98.718.251.791.84.39.4
Jul2.27.817.649.688.64.29.6
Aug1.97.618.252.191.44.412.6
Sept1.88.920.644.290.55.017.9
Oct0.810.422.445.990.04.923.7
Nov1.112.123.049.491.15.025.4
Dec0.613.623.445.677.85.126.3

source: Australian Government Bureau of Meteorology




General Points of Interest


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