All About Longwarry North, Baw Baw, VIC, 3816

Longwarry North, a quaint locality in Baw Baw, Victoria, offers a unique blend of rural charm and emerging residential opportunities. The housing market here reflects its tranquil settings and strong community spirit. Predominantly characterized by spacious properties and charming homes, Longwarry North attracts families and individuals looking for a serene lifestyle away from the bustling city environment. Over recent years, the area has seen moderate growth in real estate interest as more people seek the peace of country living while still being within commuting distance to Melbourne. This has led to a gradual increase in property values, albeit remaining relatively affordable compared to metropolitan areas. Prospective buyers are often drawn to the expansive green spaces and potential for owning larger plots of land, making it an appealing destination for those interested in agriculture or simply enjoying more outdoor space.

Living in Longwarry North is ideal for those who value community connections and the natural environment. The area boasts a friendly community vibe, where neighbors often know each other, and local events foster a strong sense of belonging. Residents enjoy the benefits of rural life, with plenty of opportunities for outdoor activities such as hiking, gardening, and exploring nearby parks and reserves. Despite its rural character, Longwarry North is conveniently located near essential services and amenities, ensuring that residents do not miss out on modern conveniences. The blend of peaceful living, accessibility to nearby towns, and a tight-knit community makes Longwarry North a desirable location for those seeking a balanced lifestyle that combines the best of both country and modern living.

Longwarry North Real Estate Market Outlook

Thinking about buying in Longwarry North? Now could not be a better time, with just 91 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,074,000 with prices in this suburb ranging from $469,000 to $2,807,000. The aproximate distance to the coast is 28 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 Longwarry North 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 Longwarry North 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 Longwarry North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Longwarry North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Longwarry North a better buying opportunity than it may have been in the past.

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General Points of Interest

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