All About Lake Charm, Gannawarra, VIC, 3581
Lake Charm, located in the Gannawarra Shire of Victoria, Australia, offers a unique housing market characterized by a blend of rural tranquility and lakeside living. The area is known for its picturesque landscapes, particularly the stunning views of Lake Charm, which draw both permanent residents and holiday homeowners. The housing market here predominantly features spacious residential properties, including charming country homes and modern builds, often set on generous plots of land. Compared to urban centers, Lake Charm's real estate prices are relatively affordable, attracting those seeking a retreat from bustling city life. The market has witnessed gradual growth as more people discover the appeal of rural Victoria, enhancing both community ties and property value in the area.
Living in Lake Charm is an experience deeply connected to nature, fostering a peaceful and laid-back lifestyle. Residents enjoy engaging in various outdoor recreational activities, with the lake itself being a hub for fishing, boating, and picnicking. The community is small and tight-knit, emphasizing friendly interaction and support among neighbors. Local amenities may be limited, requiring residents to travel to nearby towns for more extensive services and shopping. However, the serene environment, combined with the natural beauty surrounding the lake, offers an appealing escape for those looking to enjoy a slower pace of life. Community events and a strong sense of heritage further enhance the social fabric, making Lake Charm an attractive option for families, retirees, and anyone seeking to embrace a quieter, more connected lifestyle.
Household Makeup
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Housing Stock
Local Internet Speeds
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Lake Charm Real Estate Market Outlook
Thinking about buying in Lake Charm? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $842,000 with prices in this suburb ranging from $311,000 to $1,161,000. The aproximate distance to the coast is 255 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 Lake Charm 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 Lake Charm 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 Lake Charm 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 ValuationProperties for sale Lake Charm
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110 Mcfarlane Road, Lake Charm, VIC, 3581 |  3 |
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$470,000 |
Local Schools
Lake Charm Primary School
(While the above schools are located with the suburb of Lake Charm there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Charm 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 | |
|---|---|---|---|---|---|---|---|
| Aug | 0.7 | 3.9 | 16.6 | 42.2 | 92.6 | 4.4 | 12.3 |
| Sept | 0.9 | 5.4 | 20.8 | 31.1 | 88.8 | 4.6 | 17.1 |
| Oct | 0.9 | 8.5 | 25.0 | 25 | 83.8 | 4.5 | 21.7 |
| Nov | 0.9 | 11.6 | 28.5 | 20.4 | 78.0 | 4.8 | 24.9 |
| Dec | 0.8 | 14.6 | 31.8 | 16.2 | 69.4 | 4.9 | 28.6 |
| Jan | 0.8 | 16.3 | 34.0 | 16.1 | 67.3 | 4.7 | 28.2 |
| Feb | 0.6 | 16.0 | 32.3 | 21.6 | 71.5 | 4.5 | 24.2 |
| Mar | 0.7 | 13.6 | 28.6 | 25.9 | 76.6 | 4.1 | 19.3 |
| Apr | 0.9 | 9.7 | 24.0 | 31.7 | 82.5 | 3.7 | 14.7 |
| May | 0.9 | 6.8 | 19 | 42.9 | 90.9 | 3.9 | 10.8 |
| Jun | 0.8 | 4.2 | 15.2 | 54.6 | 95.0 | 3.6 | 9.0 |
| Jul | 0.7 | 3.0 | 15.0 | 50.1 | 94.4 | 4.2 | 9.3 |
source: Australian Government Bureau of Meteorology
Public Transport
Kerang - Greater then 10KM
Nearby Suburbs
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