All About Omeo, East Gippsland, VIC, 3898
Omeo, tucked within the picturesque landscapes of East Gippsland, Victoria, offers a unique glimpse into rural Australian life while presenting intriguing dynamics in its housing market. Known for its historic charm and natural beauty, Omeo attracts both long-term residents and those seeking a tranquil country escape. The housing market in Omeo is characterized by its affordability compared to urban areas, with options ranging from charming heritage cottages to more modern homes. This affordability, coupled with the serene environment, makes it an appealing choice for retirees, families, and individuals looking to enjoy a quieter lifestyle. Property in Omeo often boasts generous land sizes, allowing for expansive gardens and close proximity to nature, a significant draw for those wanting to embrace a more sustainable way of living.
Living in Omeo provides a unique, enriching lifestyle with strong community ties and a slower pace that is becoming increasingly attractive. It is a place where neighbors are more like family, and local events are integral to the social fabric, offering a sense of belonging that is cherished by its residents. The town's amenities, while modest, cater to everyday needs, with a few local shops, cafes, and essential services. For more extensive services, larger towns are accessible by a scenic drive through the countryside. The stunning alpine region surrounds Omeo, providing year-round outdoor activities from hiking and fishing to skiing in winter. This blend of community spirit, affordable housing, and access to nature makes living in Omeo a rewarding experience for those looking to escape the hustle and bustle of city life.
Household Makeup
| Median Weekly Rent | $231.00 |
| Median Monthly Mortgage | $1127.00 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $332,000 |
| Typical 2 bed house | $388,000 |
| Typical 3 bed house | $498,000 |
| Typical 4 bed house | $640,000 |
| Typical 5 bed house | $383,000 |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Omeo Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses for sale Omeo
|
13 Creek Street, Omeo, VIC, 3898 |  |
 |
$240,000 | |
|
|
22 Mitta Street, Omeo, VIC, 3898 | 3 |
1 |
 1 |
$545,000 |
|
143 Day Avenue, Omeo, VIC, 3898 | 4 |
2 |
2 |
$575,000 |
|
|
18 Brumley Street, Omeo, VIC, 3898 | 4 |
2 |
2 |
$575,000 |
|
|
244 Day Avenue, Omeo, VIC, 3898 | 4 |
2 |
2 |
$395,000 |
|
|
110 Day Avenue, Omeo, VIC, 3898 | 3 |
1 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.6 | 11.4 | 27.5 | 36.3 | 92.5 | 3.5 | 24.6 |
| Feb | 2.3 | 10.6 | 25.6 | 42.2 | 94.5 | 3.2 | 20.7 |
| Mar | 2.1 | 9.2 | 23.1 | 45.0 | 94.5 | 3.0 | 16.5 |
| Apr | 1.4 | 5.6 | 18.8 | 49.5 | 95.9 | 2.9 | 12.8 |
| May | 1.4 | 2.6 | 14.3 | 55.5 | 95.9 | 3.0 | 9.8 |
| Jun | 2.2 | 1.0 | 11.1 | 62.7 | 97.1 | 2.9 | 7.9 |
| Jul | 1.8 | 1.0 | 10.7 | 60.0 | 96.0 | 3.7 | 8.5 |
| Aug | 1.6 | 1.3 | 11.8 | 53.0 | 95.2 | 3.7 | 11.2 |
| Sept | 1.6 | 3.0 | 15.6 | 45.6 | 94.1 | 3.6 | 15.9 |
| Oct | 2.5 | 5.2 | 18.8 | 45.9 | 95.3 | 3.6 | 20.2 |
| Nov | 2.2 | 7.7 | 22.0 | 41.8 | 94.8 | 3.5 | 23.6 |
| Dec | 2.2 | 9.4 | 25.0 | 37.5 | 93.7 | 3.5 | 25.3 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Omeo Golf Club - Less than 5 KM
Cenotaph - Less than 2 KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!