Mirboo, nestled in South Gippsland, Victoria, offers a unique blend of rural charm and community-centric living, making it an attractive option for potential homeowners. The housing market here is characterized by a mix of charming heritage homes and modern dwellings, catering to a variety of preferences and budgets. Over recent years, property values in Mirboo have seen steady growth, reflecting the region’s increasing popularity among those seeking a more relaxed lifestyle away from the hustle and bustle of city life. This trend has been driven in part by the larger Australian movement towards regional areas, as remote working becomes more widespread and people prioritize living spaces that offer tranquility and natural beauty. Buyers are often drawn to Mirboo for its picturesque landscapes, affordability when compared to metropolitan suburbs, and the sense of community that pervades the area.
Living in Mirboo provides residents with a host of lifestyle benefits, blending nature, community, and convenience. The town is surrounded by lush rolling hills, offering picturesque views and ample opportunities for outdoor activities such as hiking, cycling, and enjoying local parks. The Mirboo North township, with its quaint shops, cafes, and markets, fosters a strong community spirit where residents often engage in local events and support one another. The area is known for its friendly and welcoming locals who take pride in maintaining the charming, small-town atmosphere. Despite its rural setting, Mirboo maintains accessible connections to larger towns and Melbourne via well-maintained road networks, ensuring that residents enjoy the balance of secluded living with the perks of urban access. This combination makes Mirboo a delightful place to live, attracting families, retirees, and anyone seeking a peaceful yet connected lifestyle.
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Thinking about buying in Mirboo? Now could not be a better time, with just 243 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $838,000 with prices in this suburb ranging from $134,000 to $1,985,000. The aproximate distance to the coast is 17 Km.
Consistent high demand relative to supply is a key feature in Mirboo 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 Mirboo 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 Mirboo 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 Mirboo 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 Mirboo 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 Valuation362 Mirboo Road, Mirboo, VIC, 3871 | 2 | 1 | 4 | $495,000 | |
50 Clear Creek Road, Mirboo, VIC, 3871 | 4 | 1 | 4 | $875,000 |
None within suburb boundary
(While the above schools are located with the suburb of Mirboo 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 | 1.5 | 14.3 | 24.1 | 49.6 | 83.4 | 5.0 | 23.2 |
Feb | 1.2 | 14.7 | 23.8 | 51.0 | 83.6 | 5.1 | 19.6 |
Mar | 1.7 | 13.3 | 22.0 | 45.6 | 75.4 | 5.1 | 15 |
Apr | 1.7 | 10.5 | 19.5 | 53.2 | 87.5 | 4.2 | 10.5 |
May | 2.9 | 8.5 | 16.9 | 52.7 | 82 | 3.9 | 7.7 |
Jun | 3.8 | 7.6 | 14.6 | 69.6 | 94.4 | 4.5 | 6.2 |
Jul | 2.8 | 6.9 | 13.9 | 72.3 | 95.5 | 5 | 7.4 |
Aug | 2.7 | 6.5 | 14.3 | 68.1 | 96.0 | 4.9 | 10.2 |
Sept | 3.0 | 8.0 | 16.4 | 63.2 | 95.4 | 5.0 | 14.1 |
Oct | 2.1 | 9.5 | 18.6 | 56.3 | 87.5 | 5.0 | 18.6 |
Nov | 2.0 | 10.5 | 19.4 | 61 | 93.2 | 5.0 | 20.7 |
Dec | 2.0 | 12.8 | 22.4 | 52.8 | 85.6 | 5 | 24.1 |
source: Australian Government Bureau of Meteorology
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