Nagambie, a picturesque town located in the Strathbogie Shire of Victoria, is known for its serene landscapes, punctuated by the expansive Nagambie Lakes and surrounding vineyards. The housing market here has experienced a degree of stability, appealing primarily to those seeking a quieter, rural lifestyle away from the bustling urban centers. Property prices in Nagambie have remained relatively affordable compared to larger cities, attracting both retirees and young families looking for value and space. The town sees a mix of historical homes and newer developments, providing diverse options for potential homeowners. Additionally, the local real estate market has benefitted from a steady influx of tourists drawn to the region's natural beauty and leisure activities, which supports a modest but steady demand for both permanent residences and holiday properties.
Living in Nagambie offers a relaxed pace of life, characterized by a strong sense of community and a close connection to nature. The area boasts a variety of outdoor activities, such as boating and fishing on the lake, hiking in nearby reserves, and exploring local wineries, which contribute to the town’s appeal among outdoor enthusiasts and wine aficionados. The town provides essential amenities, including shops, cafes, and schools, while maintaining a charming, small-town atmosphere. Residents often participate in community events and festivals, fostering a welcoming and engaging environment. While the town is somewhat removed from major metropolitan areas, its proximity to regional hubs like Shepparton and Seymour provides additional conveniences and access to broader employment opportunities. Overall, life in Nagambie is defined by its tranquil environment, community spirit, and the beautiful natural backdrop it offers.
Median Weekly Rent | $293.33 |
Median Monthly Mortgage | $1388.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.17 |
Average Age | 50.00 |
Average Income | $668.50 |
Average Cars Per Dwelling | 1.84 |
Average Properties Within 50M | 11 |
Typical 1 bed house | $545,000 |
Typical 2 bed house | $501,000 |
Typical 3 bed house | $859,000 |
Typical 4 bed house | $987,000 |
Typical 5 bed house | $1,475,000 |
Typical 6 bed+ house | $1,431,000 |
Housing Stock
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Thinking about buying in Nagambie? Now could not be a better time, with 2294 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $740,000 with prices in this suburb ranging from $109,000 to $11,158,000. The aproximate distance to the coast is 107 Km.
Consistent high demand relative to supply is a key feature in Nagambie 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 Nagambie 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 Nagambie 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 Nagambie 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 Nagambie 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 Valuation15 Centenary Crescent, Nagambie, VIC, 3608 | 3 | 1 | 1 | Under Offer | |
Unit 18, 127 High Street, Nagambie, VIC, 3608 | 2 | 1 | 2 | Under Offer |
St Joseph's School
Nagambie Primary School
(While the above schools are located with the suburb of Nagambie 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 | 15.0 | 31.4 | 26.6 | 80.1 | 5.1 | 26.5 |
Feb | 1.2 | 14.6 | 29.8 | 29.6 | 82.6 | 4.7 | 23.0 |
Mar | 1.9 | 12.8 | 26.5 | 36.0 | 85.9 | 4.1 | 18.2 |
Apr | 1.5 | 8.9 | 21.9 | 42.6 | 89.9 | 3.4 | 13.6 |
May | 1.3 | 5.9 | 16.7 | 55.0 | 94.3 | 3.3 | 9.1 |
Jun | 1.5 | 3.7 | 13.5 | 64.9 | 96.9 | 3.0 | 7.6 |
Jul | 1.5 | 3.7 | 12.9 | 64.8 | 96.4 | 3.5 | 7.7 |
Aug | 1.3 | 3.5 | 14 | 56.3 | 95.5 | 3.6 | 10.7 |
Sept | 1.5 | 5.0 | 17.5 | 47.5 | 93.8 | 3.8 | 15.5 |
Oct | 1.2 | 7.6 | 21.8 | 40 | 90.1 | 4.2 | 21.0 |
Nov | 1.8 | 10.6 | 25.4 | 32.4 | 87.3 | 4.5 | 24.3 |
Dec | 1.3 | 12.8 | 28.8 | 26.6 | 81.8 | 4.8 | 27.2 |
source: Australian Government Bureau of Meteorology
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