All About Nulla Vale, Mitchell, VIC, 3435
Nulla Vale, located in the Shire of Mitchell, Victoria, is a serene rural area known for its picturesque landscapes and tranquil lifestyle. The housing market in Nulla Vale is characterized by spacious properties set against a backdrop of rolling hills and lush greenery. Due to its rural nature, the area offers unique opportunities for those looking to escape urban living and enjoy the tranquility of the Victoria countryside. Homebuyers are often attracted to the larger plots of land and the potential for agricultural or hobby farming activities. While the housing market here may not be as bustling as in urban centers, it provides a peaceful and private setting that appeals to families and individuals seeking space and a slower pace of life.
Living in Nulla Vale can be a refreshing change for those accustomed to city life. The community is close-knit, with neighbors often forming strong bonds and supporting one another. Daily life here revolves around outdoor activities, such as horse riding, hiking, and exploring the natural beauty of the region. Given its rural location, access to basic amenities and services may require a short drive to nearby towns, which can add to the area's charm and sense of seclusion. Overall, Nulla Vale offers a peaceful and fulfilling lifestyle for those seeking a break from the hustle and bustle, fostering a strong sense of community and an appreciation for nature.
Household Makeup
| Median Weekly Rent | $485.00 |
| Median Monthly Mortgage | $2058.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 47.00 |
| Average Income | $806.00 |
| Average Cars Per Dwelling | 2.44 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $474,000 |
| Typical 2 bed house | $1,384,000 |
| Typical 3 bed house | $1,066,000 |
| Typical 4 bed house | $946,000 |
| Typical 5 bed house | $2,854,000 |
| Typical 6 bed+ house | $1,215,000 |
Housing Stock
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Nulla Vale Real Estate Market Outlook
Thinking about buying in Nulla Vale? Now could not be a better time, with just 114 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,259,000 with prices in this suburb ranging from $475,000 to $3,861,000. The aproximate distance to the coast is 66 Km.
Consistent high demand relative to supply is a key feature in Nulla Vale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Nulla Vale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Nulla Vale 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 Nulla Vale 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 ValuationHouses for sale Nulla Vale
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285 Malones Road, Nulla Vale, VIC, 3435 |  2 |
 1 |
Under Offer |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Nulla Vale there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Nulla Vale 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 | |
|---|---|---|---|---|---|---|---|
| Feb | 0.2 | 13.4 | 27.9 | 30.9 | 80.8 | 5 | 22.6 |
| Mar | 1.4 | 12.2 | 24.7 | 37.9 | 84.4 | 4.4 | 17.0 |
| Apr | 1.7 | 9.3 | 20.4 | 44.6 | 87.1 | 3.4 | 12.0 |
| May | 2.2 | 6.9 | 15.4 | 58.8 | 93.5 | 3.2 | 8.6 |
| Jun | 2.5 | 5.5 | 12.9 | 67.4 | 96.0 | 2.9 | 7.5 |
| Jul | 1.9 | 4.7 | 12.1 | 68.9 | 96.3 | 3.2 | 7.8 |
| Aug | 1.5 | 4.5 | 13.4 | 58.5 | 95.0 | 3.2 | 10.8 |
| Oct | 1.6 | 8.6 | 20.4 | 46.2 | 86.7 | 4.4 | 19.0 |
| Nov | 0.9 | 12 | 25.2 | 36.4 | 83.9 | 4.2 | 24.2 |
| Dec | 0.0 | 11.6 | 27 | 27.6 | 81.2 | 5.4 | 26.6 |
| Jan | 1.7 | 14.2 | 29.8 | 29.7 | 82.6 | 5.5 | 24.7 |
source: Australian Government Bureau of Meteorology
Public Transport
Broadford - Greater then 10KM
Clarkefield - Greater then 10KM
Riddells Creek - Greater then 10KM
Tallarook - Greater then 10KM
Kyneton - Greater then 10KM
Wandong - Greater then 10KM
Woodend - Greater then 10KM
Wallan - Greater then 10KM
Heathcote Junction - Greater then 10KM
Kilmore East - Greater then 10KM
Nearby Suburbs
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