Katamatite, a charming rural town in the Moira Shire of Victoria, offers a unique glimpse into the serene lifestyle of the Australian countryside. The housing market here is moderately priced compared to urban centers, providing potential homeowners with the opportunity to own spacious properties without breaking the bank. This affordability makes Katamatite an attractive option for families, retirees, and anyone seeking a quieter lifestyle. The town predominantly features single-family homes, many of which are set on larger plots of land. This allows residents the luxury of more outdoor space, ideal for gardens or hobby farming. While the housing market is less competitive than in larger cities, properties in Katamatite tend to appeal to those yearning for tranquility and a close-knit community atmosphere.
Living in Katamatite is characterized by its peaceful rural setting, friendly locals, and a slower pace of life. Residents enjoy the benefits of a tight-knit community where neighbors know and support one another, a refreshing change from the anonymity of larger cities. The town offers essential amenities, and for more comprehensive services, the nearby towns of Yarrawonga and Cobram are easily accessible. Outdoor enthusiasts will appreciate the natural beauty surrounding Katamatite, including opportunities for fishing, hiking, and picnicking by the local river. Schools and local shops cater to daily needs, while community events provide a vibrant social scene. Overall, Katamatite is ideal for those seeking a balance of rural charm and community warmth, making it a delightful place to call home.
Median Weekly Rent | $180.00 |
Median Monthly Mortgage | $856.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 47.00 |
Average Income | $590.00 |
Average Cars Per Dwelling | 1.87 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $169,000 |
Typical 2 bed house | $273,000 |
Typical 3 bed house | $395,000 |
Typical 4 bed house | $643,000 |
Typical 5 bed house | $269,000 |
Housing Stock
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Thinking about buying in Katamatite? Now could not be a better time, with just 303 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $334,000 with prices in this suburb ranging from $48,000 to $1,319,000. The aproximate distance to the coast is 197 Km.
Consistent high demand relative to supply is a key feature in Katamatite 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 Katamatite 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 Katamatite 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 Katamatite 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 Valuation33 Moore Street, Katamatite, VIC, 3649 | 4 | 1 | 2 | $350,000 |
Katamatite Primary School
(While the above schools are located with the suburb of Katamatite 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 | 16 | 33.5 | 21.7 | 75.9 | 4.2 | 27.4 |
Feb | 2.1 | 16 | 31.7 | 28.0 | 81.3 | 3.6 | 23.4 |
Mar | 1.3 | 13.3 | 28.0 | 32.0 | 83.8 | 3.5 | 19.1 |
Apr | 1.3 | 9.7 | 23.2 | 40.3 | 90.0 | 3.0 | 14.4 |
May | 1.0 | 6.0 | 18.0 | 53.2 | 95.8 | 2.8 | 10.4 |
Jun | 1.2 | 3.7 | 14.2 | 66.4 | 96.7 | 2.6 | 8.3 |
Jul | 1.5 | 3.8 | 13.8 | 66.9 | 97.6 | 3.0 | 8.7 |
Aug | 1.3 | 3.5 | 15.2 | 57.0 | 95.6 | 3.0 | 11.8 |
Sept | 1.4 | 5.1 | 18.9 | 46.4 | 95.6 | 3.4 | 16.3 |
Oct | 1.0 | 7.6 | 24.1 | 34 | 92.8 | 3.5 | 21.5 |
Nov | 1.4 | 11.3 | 28.0 | 26.8 | 87.4 | 3.9 | 25.0 |
Dec | 1.8 | 14.2 | 31.3 | 22.4 | 79.3 | 4.0 | 28.3 |
source: Australian Government Bureau of Meteorology
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