All About Jung, Horsham, VIC, 3401
Jung, a small locality within the Rural City of Horsham in Victoria, offers a unique glimpse into life in rural Australia. The housing market in Jung is characterized by its affordability and spacious properties, attracting those who seek a quiet and serene living environment away from the hustle and bustle of larger cities. Most homes in Jung are standalone houses, often set on large blocks of land, providing residents with ample space for gardens and outdoor activities. The real estate market here is relatively stable, with fewer fluctuations compared to urban areas, making it an appealing choice for families and retirees looking for long-term investments. As the town is small, the buying and rental markets are not as competitive as those in larger towns, offering potential homeowners and renters more leeway in negotiations.
Living in Jung offers residents a peaceful, community-oriented lifestyle. The area is predominantly agricultural, so residents often enjoy the scenic views of farmlands and have a strong connection to the local farming community. Community events and gatherings are a mainstay, fostering a sense of camaraderie among residents. While amenities such as shopping centers, entertainment, and restaurants are not as abundant as in urban locales, the nearby city of Horsham provides easy access to these facilities. The tranquility, coupled with the friendly, close-knit atmosphere and the opportunity to enjoy outdoor activities, like walking trails and local parks, makes Jung an attractive place for those looking to escape city life while still maintaining a connection to essential services.
Household Makeup
| Median Weekly Rent | $180.50 |
| Median Monthly Mortgage | $997.00 |
| Median Persons Per bed houseroom | 0.78 |
| Average Household Size | 3.00 |
| Average Age | 39.75 |
| Average Income | $774.25 |
| Average Cars Per Dwelling | 2.71 |
| Average Properties Within 50M | 2 |
| Typical 2 bed house | $323,000 |
| Typical 3 bed house | $296,000 |
| Typical 4 bed house | $542,000 |
| Typical 5 bed house | $348,000 |
Housing Stock
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Jung Real Estate Market Outlook
Thinking about buying in Jung? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $350,000 with prices in this suburb ranging from $130,000 to $901,000. The aproximate distance to the coast is 181 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Jung 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 Jung 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 Jung 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 Valuation
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6 Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Jung there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Jung 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 | |
|---|---|---|---|---|---|---|---|
| May | 1.1 | 5.7 | 17.5 | 54.5 | 94.5 | 3.4 | 9.7 |
| Jun | 1.2 | 3.9 | 14.3 | 66.7 | 96.5 | 3.3 | 7.9 |
| Jul | 1.5 | 3.8 | 13.8 | 66.0 | 95.0 | 3.8 | 8.2 |
| Aug | 1.2 | 3.8 | 15.1 | 56.4 | 97.3 | 4.1 | 11.3 |
| Sept | 1.6 | 4.9 | 18.2 | 49.2 | 96.1 | 3.8 | 15.5 |
| Oct | 0.7 | 6.0 | 23.1 | 34.0 | 92.4 | 4.2 | 22.0 |
| Nov | 3.5 | 8.8 | 25.8 | 34.2 | 85.9 | 4.3 | 24.2 |
| Dec | 1.3 | 11.3 | 29.5 | 24.0 | 84.7 | 4.7 | 29.5 |
| Jan | 1.3 | 13.0 | 31.2 | 21.3 | 74.4 | 5.0 | 28.2 |
| Feb | 0.7 | 14.0 | 31.2 | 23.7 | 76.5 | 4.5 | 23.9 |
| Mar | 0.8 | 10.9 | 26.7 | 31.3 | 88.2 | 4.1 | 18.2 |
| Apr | 0.9 | 8.2 | 22.2 | 37.9 | 88.4 | 3.8 | 13.6 |
source: Australian Government Bureau of Meteorology
Public Transport
Dimboola - Greater then 10KM
Nearby Suburbs
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