All About Koallah, Corangamite, VIC, 3260
Koallah, nestled within the Corangamite region in Victoria, offers a unique and serene housing market that appeals particularly to those looking for a rural lifestyle. The market here is characterized by spacious properties that provide ample room for agriculture and outdoor living, reflecting the area's agricultural heritage. With a slower pace compared to urban centers, the housing market has remained relatively stable, which can be attractive to buyers seeking long-term investments or a tranquil place to settle down. Property prices in Koallah are generally more affordable than those in metropolitan areas, making it an appealing option for families, retirees, and anyone looking to escape the hustle and bustle of city life.
Living in Koallah comes with the perks of a close-knit community where neighbors know each other, and community events are cherished experiences. The landscape is picturesque, with rolling hills and lush farmlands that offer beautiful views and abundant opportunities for outdoor activities such as hiking, fishing, and exploring local wildlife. Despite its rural setting, basic amenities are accessible, and the nearby town centers provide additional services and shopping options. The lifestyle in Koallah is laid-back and connected to nature, making it ideal for those who appreciate a quieter, more grounded way of living. For those who value peace, natural beauty, and a sense of community, Koallah presents a desirable place to call home.
Household Makeup
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Housing Stock
Local Internet Speeds
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Koallah Real Estate Market Outlook
Thinking about buying in Koallah? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $613,000 with prices in this suburb ranging from $524,000 to $702,000. The aproximate distance to the coast is 39 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 Koallah 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 Koallah 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 Koallah 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 Koallah 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 Koallah there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Koallah 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 | 1.4 | 11.1 | 27.2 | 37.5 | 96.4 | 4.1 | 24.7 |
| Feb | 1.2 | 11.8 | 26.8 | 39.7 | 96.6 | 4.0 | 20.5 |
| Mar | 1.1 | 10.4 | 24.3 | 43.7 | 96.6 | 3.7 | 15.7 |
| Apr | 1.5 | 8.3 | 20.3 | 50.3 | 97.6 | 3.5 | 11.5 |
| May | 2.0 | 6.6 | 16.4 | 62.2 | 98.2 | 3.7 | 8.4 |
| Jun | 1.9 | 4.6 | 13.8 | 72.6 | 99.2 | 3.6 | 7.3 |
| Jul | 2.1 | 4.7 | 13.2 | 68.9 | 97.4 | 4.3 | 7.4 |
| Aug | 2.0 | 4.6 | 14.0 | 65.5 | 98.6 | 4.5 | 10.1 |
| Sept | 2.1 | 5.7 | 16.2 | 58.8 | 98.7 | 4.4 | 14 |
| Oct | 1.8 | 6.7 | 18.8 | 55.0 | 98.3 | 4.1 | 18.7 |
| Nov | 1.4 | 8.3 | 21.2 | 51.2 | 98.5 | 4 | 21.6 |
| Dec | 1.5 | 9.8 | 24.4 | 42.9 | 97.5 | 4.2 | 24.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Camperdown - Greater then 10KM
Nearby Suburbs
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