Mudgegonga, nestled within the scenic Alpine region of Victoria, offers a serene and inviting environment that appeals to those seeking a tranquil rural lifestyle. The housing market in this quaint locality is characterized by a mix of charming country properties, many of which come with generous plots of land. This area primarily consists of family homes, farms, and lifestyle properties, catering to individuals and families eager to escape city life and immerse themselves in nature's beauty. While the property market here isn't as bustling as in urban centers, it has shown steady interest from those drawn to the idyllic surroundings and the promise of a peaceful living experience.
Living in Mudgegonga offers a unique blend of rustic charm and outdoor adventure. The community is tight-knit, with residents often coming together for local events, fostering a sense of belonging and camaraderie. Surrounded by rolling hills and close to the Alpine National Park, the region provides abundant opportunities for outdoor activities such as hiking, cycling, and exploring native wildlife. This area also enjoys relatively easy access to larger towns like Myrtleford and Bright, ensuring that residents are not too far removed from essential amenities and services. With its stunning natural landscapes and welcoming community, Mudgegonga is an appealing choice for those looking to embrace a countryside lifestyle in Victoria’s Alpine region.
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Housing Stock
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Thinking about buying in Mudgegonga? Now could not be a better time, with just 125 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $907,000 with prices in this suburb ranging from $847,000 to $913,000. The aproximate distance to the coast is 171 Km.
Consistent high demand relative to supply is a key feature in Mudgegonga 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 Mudgegonga 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 Mudgegonga 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. Lower than average population density constrains growth in Mudgegonga 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 Mudgegonga 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Mudgegonga 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 | 1.3 | 14.3 | 33.4 | 18.2 | 78.2 | 3.6 | 27.2 |
| Feb | 1.1 | 14.1 | 31.5 | 23.6 | 84.1 | 3.2 | 23.3 |
| Mar | 2.0 | 11.8 | 27.6 | 32.4 | 90.0 | 2.7 | 18.4 |
| Apr | 1.1 | 7.2 | 22.6 | 39.3 | 94.2 | 2.3 | 14.3 |
| May | 1.6 | 4.5 | 17.4 | 53.0 | 98.0 | 2.1 | 10.0 |
| Jun | 1.5 | 2.4 | 13.9 | 63.6 | 98.6 | 2.1 | 8.2 |
| Jul | 2 | 3.4 | 13.2 | 64.6 | 98.3 | 2.7 | 8.0 |
| Aug | 1.7 | 2.9 | 14.2 | 56.9 | 98.1 | 2.8 | 11.2 |
| Sept | 1.5 | 4.3 | 18 | 47.2 | 97.6 | 2.8 | 16.1 |
| Oct | 1.5 | 6.4 | 21.9 | 39.8 | 96.2 | 2.9 | 21.3 |
| Nov | 1.3 | 9.5 | 26.3 | 27.5 | 90.2 | 3.4 | 25.0 |
| Dec | 1.8 | 12.4 | 30.8 | 19.6 | 83.0 | 3.6 | 27.7 |
source: Australian Government Bureau of Meteorology
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