All About Malmsbury, Macedon Ranges, VIC, 3446

Malmsbury, located in the picturesque Macedon Ranges of Victoria, is renowned for its charming blend of natural beauty and historical significance. The housing market in Malmsbury is characterized by a mix of quaint cottages, period homes, and sprawling rural properties, often appealing to those seeking a serene lifestyle away from the bustle of the city. In recent years, the demand for housing in Malmsbury has experienced steady growth, largely driven by its appealing combination of affordability compared to Melbourne and the peaceful rural environment it offers. While prices have generally increased, they remain relatively accessible, making it a viable option for families and retirees looking for a tranquil place to call home.

Living in Malmsbury offers a unique experience marked by its strong sense of community and picturesque surroundings. The town boasts lush gardens, historic buildings, and the scenic Malmsbury Reservoir, which provides a backdrop for outdoor activities such as walking, picnicking, and birdwatching. Locals enjoy a slower pace of life, with the local farmer's market and charming cafes serving as community hubs. Additionally, Malmsbury's location provides convenient access to broader amenities in nearby towns such as Kyneton and Woodend, and it's only an hour’s drive to Melbourne, making it ideal for those who appreciate a rural setting with modern conveniences not too far away. The combination of community spirit, scenic landscapes, and a touch of history makes Malmsbury a delightful place to reside in the Macedon Ranges.

Malmsbury Real Estate Market Outlook

Thinking about buying in Malmsbury? Now could not be a better time, with 721 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $814,000 with prices in this suburb ranging from $179,000 to $2,413,000. The aproximate distance to the coast is 78 Km.

Consistent high demand relative to supply is a key feature in Malmsbury driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Malmsbury are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Malmsbury 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 Malmsbury 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 Malmsbury 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.

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Public Transport

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General Points of Interest

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