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All About Noorat, Corangamite, VIC, 3265

Noorat, a small but charming town in the Corangamite Shire of Victoria, offers a unique and serene living experience, attracting individuals and families who appreciate a quieter way of life. The housing market in Noorat is characterized by its affordability compared to larger cities, making it an attractive spot for those looking to purchase property without the prohibitive costs seen in more urbanized areas. The real estate market primarily consists of standalone homes with spacious yards, providing an excellent environment for families and retirees who value space and privacy. Potential buyers often find the housing market competitive but accessible, with opportunities for investment in a community that holds promise for future growth as people seek more relaxed living settings away from bustling city centers.

Living in Noorat is marked by a strong sense of community and a connection to the surrounding natural beauty. Nestled near the iconic Mount Noorat, residents enjoy easy access to scenic landscapes and outdoor activities, which are integral parts of the lifestyle here. The town offers essential amenities and is just a short drive from the larger town of Terang, where more extensive services and shopping options are available. Education needs are well-catered for, with local schools providing quality learning environments. The local culture is rich with community events and a friendly atmosphere that fosters neighborly connections and an inclusive community spirit. Overall, Noorat provides a peaceful rural lifestyle with the charm of small-town living while being well-connected to surrounding regions.

Household Makeup

Median Weekly Rent $235.00
Median Monthly Mortgage $1175.00
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 51.00
Average Income $675.00
Average Cars Per Dwelling 2.04
Average Properties Within 50M 2
Typical 2 bed house$345,000
Typical 3 bed house$415,000
Typical 4 bed house$473,000
Typical 5 bed house

Housing Stock

Local Internet Speeds

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Noorat Real Estate Market Outlook

Thinking about buying in Noorat? Now could not be a better time, with just 189 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $415,000 with prices in this suburb ranging from $252,000 to $586,000. The aproximate distance to the coast is 34 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. 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 Noorat 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 Noorat 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Noorat 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

Houses for sale Noorat

Stockdale&Leggo 24 Mackinnons Bridge Road, Noorat, VIC, 3265 Beds2 Bathrooms1 Expressions Of Interest Closing 20/09/2025 at 5pm
Properties for sale in Noorat

Local Schools

Noorat Primary School

(While the above schools are located with the suburb of Noorat 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.

Noorat 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
Jan1.411.127.237.596.44.124.7
Feb1.211.826.839.796.64.020.5
Mar1.110.424.343.796.63.715.7
Apr1.58.320.350.397.63.511.5
May2.06.616.462.298.23.78.4
Jun1.94.613.872.699.23.67.3
Jul2.14.713.268.997.44.37.4
Aug2.04.614.065.598.64.510.1
Sept2.15.716.258.898.74.414
Oct1.86.718.855.098.34.118.7
Nov1.48.321.251.298.5421.6
Dec1.59.824.442.997.54.224.9

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

Glenormiston SouthNoorat EastTerangKoloraGlenormiston NorthBoorcanThe SistersDixieCobricoGnotuk

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