All About Mallacoota, East Gippsland, VIC, 3892
Mallacoota, a picturesque coastal town situated in East Gippsland, Victoria, is renowned for its stunning natural beauty and tranquil lifestyle, making it an increasingly attractive option for potential homebuyers. The housing market in Mallacoota has traditionally been characterized by a mix of holiday homes, retirement residences, and permanent family dwellings. With a limited supply of properties and increasing demand, particularly from those seeking a peaceful coastal retreat, prices have experienced moderate growth over recent years. Despite this, Mallacoota remains relatively affordable compared to other coastal destinations in Victoria, offering a variety of housing options that range from cozy cottages to more expansive waterfront properties. Additionally, the impact of the 2019-2020 bushfires has influenced both the availability of properties and the appeal, as rebuilding efforts have taken place and the community has shown remarkable resilience.
Living in Mallacoota provides residents with a unique lifestyle that is deeply connected to the natural environment. With the Croajingolong National Park at its doorstep and surrounded by pristine beaches, lakes, and waterways, the town offers myriad opportunities for outdoor activities such as bushwalking, fishing, boating, and birdwatching. The community is known for its friendly and welcoming atmosphere, with a population that values sustainability and a slower pace of life. Mallacoota’s relative isolation means that amenities and services are limited compared to larger urban centers, but the town is equipped with essential services, including a health center, schools, and local shops. This scenic town not only attracts nature lovers and retirees but is also gaining popularity among remote workers and young families seeking a change from bustling city life.
Household Makeup
| Median Weekly Rent | $220.00 |
| Median Monthly Mortgage | $1198.33 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 59.67 |
| Average Income | $586.33 |
| Average Cars Per Dwelling | 1.71 |
| Average Properties Within 50M | 15 |
| Typical 1 bed house | $355,000 |
| Typical 2 bed house | $380,000 |
| Typical 3 bed house | $562,000 |
| Typical 4 bed house | $810,000 |
| Typical 5 bed house | $496,000 |
| Typical 6 bed+ house | $498,000 |
Housing Stock
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Mallacoota Real Estate Market Outlook
Thinking about buying in Mallacoota? Now could not be a better time, with 2027 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 $107,000 to $1,971,000. Mallacoota is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Consistent high demand relative to supply is a key feature in Mallacoota 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 Mallacoota 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 Mallacoota 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 Mallacoota 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
Mallacoota P-12 College
(While the above schools are located with the suburb of Mallacoota there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mallacoota 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 | 2.1 | 16.4 | 24.6 | 57.1 | 88.7 | 4.2 | 21.7 |
| Feb | 2.4 | 16.1 | 24.1 | 59.3 | 89.4 | 3.9 | 18.9 |
| Mar | 2.8 | 15.1 | 23.0 | 58.3 | 89.2 | 3.7 | 15.3 |
| Apr | 2.8 | 12.2 | 20.5 | 58 | 90.3 | 3.5 | 12.3 |
| May | 2.5 | 9.3 | 17.9 | 55.9 | 89.9 | 3.7 | 9.5 |
| Jun | 3.8 | 7.1 | 15.5 | 60.3 | 91.4 | 3.5 | 8.1 |
| Jul | 2.6 | 6.3 | 15.3 | 54.5 | 89.2 | 3.6 | 8.4 |
| Aug | 2.9 | 6.4 | 15.6 | 51.0 | 88.7 | 3.8 | 10.7 |
| Sept | 2.3 | 8.6 | 17.9 | 51.1 | 88.7 | 4.0 | 15.0 |
| Oct | 2.6 | 10.3 | 19.4 | 53.0 | 89.4 | 4.1 | 19.4 |
| Nov | 2.7 | 12.7 | 21.4 | 54.6 | 89 | 4.1 | 22.4 |
| Dec | 2.4 | 14.6 | 23.1 | 55.5 | 88.5 | 4.2 | 24.0 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Mallacoota Golf & Country Club - Less than 10 KM
Nearby Suburbs
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