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All About Mount Egerton, Moorabool, VIC, 3352

Mount Egerton, nestled in the Moorabool Shire of Victoria, offers a picturesque and tranquil rural setting that attracts families and individuals looking for a peaceful lifestyle away from the bustle of city life. The housing market in Mount Egerton primarily features charming country homes and generously-sized lots, reflecting its rural charm and appeal. Over recent years, the area has seen steady interest from buyers seeking affordability compared to nearby urban centers like Melbourne and Ballarat. This uptick in interest is partly due to the growth of remote working, which has made it feasible for more people to consider living further from city amenities while enjoying the benefits of a rural community.

Living in Mount Egerton presents a unique blend of community-oriented life and proximity to nature. Residents enjoy a peaceful atmosphere with the backdrop of rolling hills and open spaces, ideal for outdoor activities such as hiking or horseback riding. The town itself is small but fosters a friendly and tight-knit community, making it appealing for families and retirees. Essential amenities can be found in nearby towns, while a short drive connects residents to larger shopping and service centers in Ballarat. Furthermore, the area's history and heritage, evident in local architecture and community events, add an enriching layer to life in this quaint Victorian locale.

Household Makeup

Median Weekly Rent $297.50
Median Monthly Mortgage $1817.67
Median Persons Per bed houseroom 0.78
Average Household Size 2.67
Average Age 45.33
Average Income $812.67
Average Cars Per Dwelling 2.42
Average Properties Within 50M 2
Typical 1 bed house$521,000
Typical 2 bed house$566,000
Typical 3 bed house$914,000
Typical 4 bed house$1,049,000
Typical 5 bed house$1,052,000

Housing Stock

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Mount Egerton Real Estate Market Outlook

Thinking about buying in Mount Egerton? Now could not be a better time, with just 401 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $804,000 with prices in this suburb ranging from $87,000 to $1,953,000. The aproximate distance to the coast is 46 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Mount Egerton 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 Mount Egerton 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 Egerton 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 Egerton 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 Valuation

Local Schools

Mount Egerton Primary School

Gordon Primary School

(While the above schools are located with the suburb of Mount Egerton there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mount Egerton 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
Jan1.112.727.435.090.83.726.1
Feb4.812.926.339.591.63.420.8
Mar1.211.623.942.291.23.415.9
Apr1.39.319.848.994.13.311.8
May1.17.516.057.593.93.88.9
Jun1.65.213.065.795.53.67.4
Jul1.45.412.462.492.04.57.6
Aug1.25.013.059.493.13.99.7
Sept1.66.616.253.494.94.014.2
Oct1.87.318.749.996.23.819.6
Nov1.68.921.544.695.03.522.4
Dec1.010.625.037.693.43.725.8

source: Australian Government Bureau of Meteorology



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