Katunga, a small town in the Shire of Moira, Victoria, offers a glimpse into the serene and community-focused lifestyle of rural Australia. The housing market in Katunga is typically characterized by more affordable and spacious properties compared to urban areas, making it an attractive option for families and retirees seeking a peaceful environment. Many homes in Katunga are traditional in style, with large yards and close proximity to open farmland, reflecting the town's agricultural roots. The market here is not as volatile as in metropolitan areas, offering stability and a laid-back approach to real estate transactions. This can be appealing for buyers looking for long-term investment opportunities or a permanent residence away from the hustle and bustle of city life.
Living in Katunga is often described as idyllic by its residents. The town embodies a tight-knit community spirit, where neighbors know each other and offer support. Life in Katunga revolves around its picturesque natural surroundings and agricultural lifestyle, with many locals involved in farming or related industries. The town offers essential amenities and is conveniently located near larger towns like Numurkah and Shepparton, providing access to broader services and shopping options while maintaining its tranquil setting. For those who value a sense of community, wide open spaces, and a slower pace of life, Katunga presents an appealing choice, embodying the charm and warmth typical of rural Victoria.
Median Weekly Rent | $200.00 |
Median Monthly Mortgage | $1083.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 35.00 |
Average Income | $739.00 |
Average Cars Per Dwelling | 2.39 |
Average Properties Within 50M | 1 |
Typical 1 bed house | $302,000 |
Typical 2 bed house | $306,000 |
Typical 3 bed house | $535,000 |
Typical 4 bed house | $578,000 |
Typical 5 bed house | $458,000 |
Typical 6 bed+ house | $499,000 |
Housing Stock
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Thinking about buying in Katunga? Now could not be a better time, with 563 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $523,000 with prices in this suburb ranging from $71,000 to $3,720,000. The aproximate distance to the coast is 201 Km.
Consistent high demand relative to supply is a key feature in Katunga 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 Katunga 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 Katunga 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. Lower than average population density constrains growth in Katunga to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Katunga 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 Valuation27 Katunga North Road, Katunga, VIC, 3640 | 3 | 1 | 2 | $370,000 |
Katunga Primary School
Katunga South Primary School
(While the above schools are located with the suburb of Katunga 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 | 0.9 | 15.6 | 32.8 | 22.1 | 77.2 | 4.7 | 27.1 |
Feb | 1.6 | 15.6 | 30.8 | 29.0 | 82.0 | 4.2 | 23.4 |
Mar | 1.7 | 12.7 | 26.7 | 34.4 | 85.5 | 3.9 | 18.8 |
Apr | 1.4 | 9.2 | 22.8 | 41.7 | 92.2 | 3.0 | 13.6 |
May | 1.1 | 5.6 | 17.5 | 54.0 | 96.5 | 3.0 | 9.9 |
Jun | 1.3 | 3.5 | 14.1 | 65.0 | 98.5 | 2.7 | 8.1 |
Jul | 1.5 | 3.9 | 13.3 | 66.8 | 98.4 | 3.3 | 8.2 |
Aug | 1.2 | 3.7 | 14.7 | 57.0 | 97.8 | 3.4 | 11.3 |
Sept | 1.1 | 5.5 | 18.4 | 46.7 | 95.7 | 3.7 | 16.0 |
Oct | 1.0 | 8 | 22.8 | 36.5 | 91.2 | 4.0 | 21.7 |
Nov | 0.9 | 11.2 | 27.0 | 26.5 | 86.9 | 4.4 | 24.8 |
Dec | 1.1 | 13.8 | 30.2 | 22.3 | 80.3 | 4.6 | 27.1 |
source: Australian Government Bureau of Meteorology
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