All About Hotham Heights, Alpine, VIC, 3741
Hotham Heights, nestled in the Alpine region of Victoria, Australia, offers a unique real estate landscape due to its location within the Mount Hotham ski resort. The housing market here is distinctively marked by its seasonal appeal, drawing interest primarily from those enamored with winter sports and alpine living. Property options in Hotham Heights primarily consist of chalets and apartments that cater to tourists and seasonal residents. These properties, often designed to withstand the area's harsh winter conditions, tend to be higher in demand during the ski season. As such, the market may experience fluctuations with prices generally spiking in lead-up to and during the peak winter months. Due to its niche market, investing in real estate here can be lucrative for those looking to capitalize on seasonal rentals, though it demands a keen understanding of its cyclical nature.
Living in Hotham Heights offers a serene yet invigorating lifestyle, characterized by breathtaking alpine vistas and the vibrant community of winter sports enthusiasts. Residents enjoy unrivaled access to the ski slopes during winter, with opportunities for skiing, snowboarding, and various snow activities right at their doorstep. The summer months bring a quieter atmosphere, ideal for hiking, mountain biking, and soaking in the natural beauty of the alpine environment. Life in Hotham Heights is deeply connected to nature, providing a peaceful retreat from the bustle of city living. However, it also comes with its challenges, such as the need for winter preparedness and limited access to urban amenities. Overall, residing in Hotham Heights is perfect for those who relish an active lifestyle and thrive in a close-knit community surrounded by natural beauty.
Household Makeup
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Housing Stock
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Hotham Heights Real Estate Market Outlook
Thinking about buying in Hotham Heights? Now could not be a better time, with 701 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,046,000 with prices in this suburb ranging from $665,000 to $3,261,000. The aproximate distance to the coast is 99 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Hotham Heights 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 Hotham Heights 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. Medium density in Hotham Heights necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Hotham Heights 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Hotham Heights there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Hotham Heights 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 4.1 | 8.5 | 17.0 | 44.3 | 82.7 | 6.2 | 25.9 |
| Feb | 4.9 | 8.0 | 15.9 | 47.9 | 84.6 | 6.1 | 20.6 |
| Mar | 5.1 | 6.0 | 13.0 | 56.0 | 87.6 | 7.2 | 16.4 |
| Apr | 3.4 | 3.0 | 8.8 | 63.1 | 93.8 | 7.2 | 12.8 |
| May | 4.0 | -0.4 | 4.4 | 69.9 | 95.4 | 7.2 | 9.1 |
| Jun | 4.2 | -2.5 | 1.2 | 82.6 | 97.6 | 5.4 | 6.5 |
| Jul | 4.6 | -3.6 | -0.2 | 87.2 | 98.4 | 4.0 | 6.0 |
| Aug | 3.4 | -3.9 | 0.1 | 85 | 98.6 | 4.1 | 9.4 |
| Sept | 4.9 | -1.4 | 4.1 | 68.2 | 97.3 | 5.8 | 15.7 |
| Oct | 5.5 | 0.7 | 7.8 | 60.6 | 94.2 | 6.1 | 20.2 |
| Nov | 4.7 | 4 | 12.0 | 46.5 | 90.0 | 6.8 | 24.7 |
| Dec | 5.1 | 5.6 | 13.9 | 51.4 | 91.1 | 6.2 | 27.2 |
source: Australian Government Bureau of Meteorology
General Points of Interest
St Bernard Hospice Site - Less than 10 KM
JACKFROST - Less than 5 KM
Eric Johnson Gravbröt - Less than 10 KM
Nearby Suburbs
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