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Omeo
VIC, 3898 - East Gippsland

Thinking about buying in Omeo? Now could not be a better time, with 731 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $379,000 with prices in this suburb ranging from $44,000 to $960,000. The aproximate distance to the coast is 79 Km.

Household Makeup

Median Weekly Rent $231.00
Median Monthly Mortgage $1127.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 54.00
Average Income $669.00
Average Cars Per Dwelling 2.18
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $332,000
2 Bed  $388,000
3 Bed  $498,000
4 Bed  $640,000
5 Bed  $383,000

Omeo Real Estate Market Outlook

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 Omeo 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 Omeo 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 Omeo 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 Omeo 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.

Houses for sale Omeo

Harcourts 22 mitta st, omeo, vic, 3898 Beds3 Bathrooms1 Parking 1 $545,000
LJ Hooker 18 brumley st, omeo, vic, 3898 Beds4 Bathrooms2 Parking 2 $575,000
LJ Hooker 244 day av, omeo, vic, 3898 Beds4 Bathrooms2 Parking 2 $395,000
LJ Hooker 110 day av, omeo, vic, 3898 Beds3 Bathrooms1 Parking 2 $450,000

Local Schools

Omeo Primary School

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

Omeo 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
Jan1.611.427.536.392.53.524.6
Feb2.310.625.642.294.53.220.7
Mar2.19.223.145.094.53.016.5
Apr1.45.618.849.595.92.912.8
May1.42.614.355.595.93.09.8
Jun2.21.011.162.797.12.97.9
Jul1.81.010.760.096.03.78.5
Aug1.61.311.853.095.23.711.2
Sept1.63.015.645.694.13.615.9
Oct2.55.218.845.995.33.620.2
Nov2.27.722.041.894.83.523.6
Dec2.29.425.037.593.73.525.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CassilisBingo MunjieTongioHinnomunjieAnglers RestOmeo ValleyCobungraSwifts CreekBindiGlen Valley


General Points of Interest

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