Maroona, located in the picturesque region of Ararat, Victoria, offers a unique glimpse into rural Australian living, removed from the hustle and bustle of urban centers. The housing market in Maroona is characterized by its affordability and a selection of properties that range from expansive farmland properties to quaint country homes. The area provides opportunity not only for families looking to settle in a tranquil setting but also for investors seeking rural investments or holiday homes. The demand within the housing market remains consistent as more people explore the benefits of regional living, especially given the current trends of remote work and lifestyle changes accelerated recently. Although market trends have shown fluctuations, the general outlook remains stable with gradual appreciation of property values, driven by an increasing interest in rural and semi-rural locations around Victoria.
Living in Maroona offers residents a serene and close-knit community experience, surrounded by the natural beauty of the Australian countryside. The town provides a peaceful lifestyle, often appealing to those looking to escape the congestion of city life. With its proximity to Ararat, residents have relatively easy access to necessary amenities, including schools, healthcare, and shopping facilities, while still enjoying the benefits of a more secluded residential setting. Community life in Maroona is vibrant, with events and local gatherings helping to foster a sense of unity among residents. The area's rich agricultural landscape supports a variety of outdoor activities, from hiking to agricultural pursuits, providing numerous ways for locals to engage with their environment. Overall, living in Maroona is ideal for those seeking a laid-back lifestyle amidst the picturesque setting of rural Victoria.
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Thinking about buying in Maroona? Now could not be a better time, with just 51 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $166,000 with prices in this suburb ranging from $35,000 to $297,000. The aproximate distance to the coast is 103 Km.
Consistent high demand relative to supply is a key feature in Maroona 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 Maroona 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 Maroona 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 Maroona 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 ValuationMaroona Primary School
(While the above schools are located with the suburb of Maroona 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 | 2.2 | 9.8 | 21.0 | 38.6 | 86.1 | 7.1 | 26.1 |
Feb | 1.5 | 9.4 | 19.8 | 47.9 | 91.8 | 7.0 | 21.9 |
Mar | 2.3 | 8.0 | 16.8 | 54.8 | 92.7 | 6.9 | 16.6 |
Apr | 2.2 | 6.3 | 13.0 | 62.8 | 92.7 | 6.5 | 11.6 |
May | 4.1 | 3.8 | 8.6 | 76.3 | 97.2 | 7.7 | 8.1 |
Jun | 5.1 | 2.1 | 6.2 | 84.9 | 99.0 | 7.4 | 6.7 |
Jul | 5.7 | 1.0 | 5.1 | 85.9 | 99.1 | 7.7 | 6.8 |
Aug | 4.8 | 0.7 | 5.4 | 84.0 | 98.9 | 7.7 | 9.7 |
Sept | 4.0 | 2.3 | 9.0 | 68.7 | 97.0 | 7.4 | 14.5 |
Oct | 2.5 | 4.2 | 13.0 | 57.3 | 92.0 | 6.6 | 19.6 |
Nov | 2.2 | 5.7 | 15.2 | 52.2 | 92.2 | 6.2 | 22.8 |
Dec | 1.5 | 8.0 | 18.4 | 44.4 | 87.4 | 6.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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