All About Learmonth, Ballarat, VIC, 3352
Learmonth, located in the picturesque region of Ballarat, Victoria, offers a charming and serene living environment, attracting those looking for a peaceful yet accessible community. The housing market in Learmonth is characterized by its affordability compared to the bustling city of Melbourne, making it an attractive option for first-time homebuyers and retirees seeking a more relaxed pace. Properties in Learmonth range from classic, spacious countryside homes to more modern builds, offering diverse choices to suit different lifestyles and preferences. The market is relatively stable, with gradual appreciation, presenting a promising investment opportunity without the pressure of rapid urban-centric price hikes.
Living in Learmonth is like being part of a close-knit community, surrounded by natural beauty and historical charm. Residents enjoy a slower, more tranquil lifestyle, with scenic landscapes and outdoor activities accessible right at their doorstep. The town's proximity to Ballarat means that amenities such as shopping, dining, and entertainment are easily within reach, providing the best of both small-town charm and city convenience. Learmonth fosters a strong sense of community with local events and gatherings, making it an ideal place for families and individuals who appreciate community involvement and the simple pleasures of rural living while remaining connected to urban centers.
Household Makeup
| Median Weekly Rent | $200.00 |
| Median Monthly Mortgage | $1300.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 46.00 |
| Average Income | $752.00 |
| Average Cars Per Dwelling | 2.11 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $234,000 |
| Typical 2 bed house | $441,000 |
| Typical 3 bed house | $623,000 |
| Typical 4 bed house | $791,000 |
| Typical 5 bed house | $613,000 |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Learmonth Real Estate Market Outlook
Thinking about buying in Learmonth? Now could not be a better time, with just 355 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $535,000 with prices in this suburb ranging from $167,000 to $1,609,000. The aproximate distance to the coast is 88 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 Learmonth due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Learmonth provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Learmonth necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Learmonth 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 ValuationHouses for sale Learmonth
|
31 Laidlaw Street, Learmonth, VIC, 3352 |  |
 |
$249,000 | |
|
|
505 High Street, Learmonth, VIC, 3352 | |
|
$239,000 | |
|
|
501 High Street, Learmonth, VIC, 3352 | |
|
$245,000 | |
|
|
503 High Street, Learmonth, VIC, 3352 | |
|
$245,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Learmonth there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Learmonth 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 | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
| Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
| Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
| Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
| May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
| Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
| Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
| Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
| Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
| Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
| Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
| Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
Public Transport
Clunes - Greater then 10KM
Talbot - Greater then 10KM
Beaufort - Greater then 10KM
Ballarat - Greater then 10KM
Daylesford - Greater then 10KM
Creswick - Greater then 10KM
General Points of Interest
Dowling Forest Racecourse - Less than 10 KM
Railway Monument - Less than 2 KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!