Nullawil, a small locality situated within the Shire of Buloke in Victoria, offers a distinct rural lifestyle that is reflected in its housing market. The area is characterized by its agricultural roots, with expansive farmlands dominating the landscape. The housing market in Nullawil is modest compared to urban centers, with predominantly detached homes and farm properties. This presents an appealing opportunity for those looking to invest in rural real estate or seeking an affordable residence amidst the tranquility of the Victorian countryside. The prices in Nullawil tend to be lower than in metropolitan areas, reflecting the quiet and slower-paced lifestyle one can expect here. The community is primarily composed of local families and farming professionals, contributing to a close-knit, friendly atmosphere that is typical of small-town living.
Living in Nullawil offers a peaceful lifestyle away from the hustle and bustle of city life. Residents enjoy a strong sense of community, where neighbors know each other and communal events often bring people together. The surroundings are marked by beautiful natural scenery and a significant agrarian influence, which provides a backdrop for outdoor activities and a connection to the land. Essential services and amenities may be limited within the locality itself, necessitating travel to nearby towns for healthcare, shopping, and educational needs. Nonetheless, this fosters a sense of self-reliance and resilience among the residents. Those who live in Nullawil often appreciate the simplicity and the space it affords, enjoying a quality of life that emphasizes community, nature, and relaxation.
| Median Weekly Rent | $100.00 |
| Median Monthly Mortgage | $518.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 52.00 |
| Average Income | $711.00 |
| Average Cars Per Dwelling | 2.40 |
| Average Properties Within 50M | 3 |
| Typical 2 bed house | $153,000 |
| Typical 3 bed house | $192,000 |
| Typical 4 bed house |
Housing Stock
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Thinking about buying in Nullawil? Now could not be a better time, with just 105 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $151,000 with prices in this suburb ranging from $28,000 to $199,000. The aproximate distance to the coast is 258 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Nullawil 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 Nullawil 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 Nullawil 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 ValuationNullawil Primary School
(While the above schools are located with the suburb of Nullawil 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 | 1.1 | 15.3 | 32.9 | 20.1 | 72.9 | 3.8 | 27.4 |
| Feb | 0.7 | 15.4 | 31.8 | 24.0 | 76.2 | 3.6 | 24.0 |
| Mar | 0.9 | 12.8 | 27.7 | 30.9 | 83.8 | 3.2 | 18.7 |
| Apr | 1.0 | 9.2 | 23.1 | 36.5 | 88.6 | 2.8 | 14.0 |
| May | 1.2 | 6.5 | 18.1 | 49.7 | 95.7 | 2.8 | 10.2 |
| Jun | 1.0 | 3.7 | 14.5 | 61.3 | 98.6 | 2.5 | 8.7 |
| Jul | 1.1 | 3.7 | 14.1 | 61.9 | 98.2 | 3.0 | 8.6 |
| Aug | 1.1 | 3.9 | 15.1 | 55.1 | 97.7 | 3.1 | 11.5 |
| Sept | 1.2 | 5.3 | 19.1 | 43.5 | 95.9 | 3.2 | 16.0 |
| Oct | 1.1 | 7.6 | 23.2 | 33.9 | 92.2 | 3.4 | 21.1 |
| Nov | 1.2 | 10.6 | 27.2 | 26.0 | 87.0 | 3.6 | 24.4 |
| Dec | 1.0 | 13.3 | 30.4 | 22.2 | 78.2 | 3.7 | 28.1 |
source: Australian Government Bureau of Meteorology
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