All About Iona, Cardinia, VIC, 3815

Iona, a rural locality in the Cardinia Shire of Victoria, offers a unique slice of country living that's increasingly attractive to families, retirees, and anyone seeking to escape the hustle and bustle of city life. The housing market in Iona is characterized by larger plots of land and an array of charming homes that range from older, rustic farmhouses to more modern and recently constructed properties. Despite its serene rural settings, Iona remains relatively affordable compared to Melbourne's metropolitan areas, offering great value to those looking to invest in property. The market can be competitive, as there is growing interest particularly from those drawn to its spaciousness and tranquility, making Iona a sought-after location amidst the beautiful countryside of Victoria.

Living in Iona is an embodiment of rural charm and community spirit. Residents enjoy a peaceful lifestyle with the benefits of a close-knit community where neighbors often know each other by name. The locality is surrounded by vast open fields and has a strong agricultural presence, making it ideal for those who appreciate nature and a slower pace of life. While the area provides a quiet retreat, it is still conveniently connected to larger towns, offering essential services and amenities within a reasonable driving distance. Schools, recreational facilities, and community events play a significant part in daily life, enhancing the wholesome feel of the suburb. Overall, Iona provides a delightful blend of rustic beauty and community-centered living, making it a compelling choice for those looking to balance idyllic rural life with accessibility to modern comforts.

Iona Real Estate Market Outlook

Thinking about buying in Iona? Now could not be a better time, with just 152 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,324,000 with prices in this suburb ranging from $844,000 to $2,087,000. The aproximate distance to the coast is 15 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Iona 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 Iona provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Iona 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 Iona 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.

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Public Transport

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General Points of Interest

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