All About Mount Eccles, South Gippsland, VIC, 3953

Mount Eccles, located in the scenic region of South Gippsland, Victoria, offers a charming and peaceful environment that attracts both residents and visitors alike. Known for its lush landscapes and tranquil surroundings, the housing market in Mount Eccles is characterized by a mix of traditional cottages, farmhouses, and modern homes, catering to a diverse range of preferences and budgets. Due to the area’s rural setting, properties often come with expansive land, providing ample space for gardening, farming, or simply enjoying nature. Over the past few years, there has been a steady interest in the local real estate market, driven by those looking to escape the hustle and bustle of city life for the serene countryside, bringing a moderate increase in property values without overpowering the market accessibility.

Living in Mount Eccles offers a lifestyle that balances seclusion with community connectivity. The tight-knit community is welcoming, with numerous local events and farmer’s markets that bring residents together, fostering a strong sense of community spirit. The region is ideal for outdoor enthusiasts, boasting picturesque cycling and walking trails, and its proximity to attractions like Wilsons Promontory National Park adds to its appeal. Residents enjoy a slower pace of life, with the benefits of rural living such as fresh air and clear night skies, while still having access to essential amenities in nearby towns. This makes Mount Eccles an attractive prospect for families, retirees, and anyone seeking a quiet, yet richly fulfilling, lifestyle.

Mount Eccles Real Estate Market Outlook

Thinking about buying in Mount Eccles? Now could not be a better time, with just 92 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $993,000 with prices in this suburb ranging from $572,000 to $1,287,000. The aproximate distance to the coast is 27 Km.

Consistent high demand relative to supply is a key feature in Mount Eccles 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 Mount Eccles 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 Mount Eccles 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 Mount Eccles 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 Mount Eccles 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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