Maffra, located in the Shire of Wellington in Victoria, Australia, offers a picturesque and tranquil setting that draws individuals looking for a serene lifestyle. The housing market in Maffra is characterized by its affordability and variety of options, from classic Victorian-style homes to more contemporary constructions. This makes it appealing for both first-time homebuyers and retirees seeking a comfortable community environment. Recent trends suggest a stable market, with property values experiencing modest growth due to Maffra's increasing popularity, which is fueled by its natural beauty and the appealing country lifestyle it provides. The presence of essential amenities such as schools, healthcare facilities, and shopping options, coupled with the town’s charm, makes Maffra an attractive location for families and individuals alike.
Living in Maffra provides a blend of rural relaxation and community warmth. The town prides itself on its strong sense of community, with numerous local events and activities that bring residents together, such as the Maffra Mardi Gras and the Maffra Show. Its proximity to the Macalister River and the surrounding countryside offers ample opportunities for outdoor recreation, including fishing, hiking, and picnicking. Maffra's economy is largely supported by agriculture, particularly dairy farming, which adds to its small-town charm and character. The friendly and welcoming atmosphere, combined with the town’s scenic surroundings, makes Maffra a delightful place to call home, offering a peaceful retreat while still providing the necessary conveniences and a close-knit community feeling.
Median Weekly Rent | $268.00 |
Median Monthly Mortgage | $1266.64 |
Median Persons Per bed houseroom | 0.72 |
Average Household Size | 2.36 |
Average Age | 43.09 |
Average Income | $667.09 |
Average Cars Per Dwelling | 1.86 |
Average Properties Within 50M | 7 |
Typical 1 bed house | $414,000 |
Typical 2 bed house | $333,000 |
Typical 3 bed house | $462,000 |
Typical 4 bed house | $614,000 |
Typical 5 bed house | $649,000 |
Typical 6 bed+ house | $841,000 |
Housing Stock
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Thinking about buying in Maffra? Now could not be a better time, with 3227 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $462,000 with prices in this suburb ranging from $100,000 to $1,576,000. The aproximate distance to the coast is 39 Km.
Consistent high demand relative to supply is a key feature in Maffra 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 Maffra 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 Maffra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Maffra 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 Maffra 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 ValuationUnit 2, 50 Morison Street, Maffra, VIC, 3860 | 3 | 2 | 2 |
Maffra Primary School
St Mary's School
Maffra Secondary College
Bundalaguah Primary School
St Patrick's School
(While the above schools are located with the suburb of Maffra 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 | 1.0 | 13.8 | 26.9 | 41.6 | 92.3 | 4.7 | 24.2 |
Feb | 2.0 | 14.1 | 25.9 | 48.1 | 94.2 | 4.6 | 20.4 |
Mar | 1.4 | 12.3 | 24.1 | 47.7 | 94.1 | 4.2 | 16.0 |
Apr | 1.4 | 9.3 | 20.7 | 51.1 | 95.7 | 3.7 | 12.3 |
May | 1.3 | 6.1 | 17.7 | 53.1 | 94.6 | 3.9 | 8.8 |
Jun | 1.6 | 3.8 | 14.6 | 61.6 | 96.8 | 3.7 | 7.7 |
Jul | 1.3 | 3.8 | 14.6 | 55.1 | 94.9 | 4.3 | 8.0 |
Aug | 1.5 | 4.3 | 15.3 | 52.7 | 95.1 | 4.5 | 10.5 |
Sept | 1.3 | 5.4 | 18.2 | 46.5 | 95.7 | 4.6 | 14.8 |
Oct | 1.6 | 7.7 | 19.6 | 46.6 | 94.3 | 4.7 | 20.2 |
Nov | 2.2 | 10.2 | 22.1 | 45.4 | 93.9 | 4.9 | 22.8 |
Dec | 1.6 | 12.2 | 25.1 | 42.4 | 92.3 | 5.0 | 25.8 |
source: Australian Government Bureau of Meteorology
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