Orbost
VIC, 3888
-
East Gippsland
Thinking about buying in Orbost? Now could not be a better time, with 1896 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $334,000 with prices in this suburb ranging from $41,000 to $2,222,000. Orbost is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $192.63 |
| Median Monthly Mortgage | $875.50 |
| Median Persons Per Bedroom | 0.68 |
| Average Household Size | 2.13 |
| Average Age | 52.75 |
| Average Income | $506.88 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $271,000 |
| 2 Bed $326,000 |
| 3 Bed $374,000 |
| 4 Bed $450,000 |
| 5 Bed $465,000 |
| 6 Bed+$667,000 |
Orbost Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Orbost driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Orbost 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 Orbost 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 Orbost 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 Orbost
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6 hope ct, orbost, vic, 3888 |  |
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$192,500 Negotiable |
Local Schools
Orbost Primary School
St Joseph's School
Orbost Secondary College
Orbost North Primary School
Newmerella Primary School
(While the above schools are located with the suburb of Orbost there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Orbost 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 | 1.7 | 15.1 | 26.4 | 49.0 | 92.3 | 2.6 | 24.4 |
| Feb | 2.1 | 15.1 | 25.9 | 54.0 | 94.4 | 2.2 | 20.1 |
| Mar | 2.5 | 14.3 | 23.9 | 55.9 | 95.7 | 2.3 | 16.6 |
| Apr | 3.3 | 10.9 | 20.7 | 55.1 | 95.1 | 2.2 | 12.8 |
| May | 1.4 | 8.1 | 18.1 | 53.2 | 93.0 | 2.3 | 9.8 |
| Jun | 3.4 | 6.1 | 15.2 | 59.8 | 95.2 | 2.2 | 8.2 |
| Jul | 2.1 | 5.9 | 15.3 | 54.9 | 91.0 | 2.3 | 8.2 |
| Aug | 2.2 | 6.1 | 15.6 | 52.7 | 92.1 | 2.5 | 10.6 |
| Sept | 3.1 | 8.0 | 18.4 | 49.4 | 94.9 | 2.6 | 14.8 |
| Oct | 2.6 | 9.2 | 19.6 | 52.5 | 94.2 | 2.8 | 20.2 |
| Nov | 2.3 | 11.5 | 22.0 | 55.3 | 95.5 | 2.3 | 22.9 |
| Dec | 2.4 | 12.8 | 24.3 | 49.6 | 93.8 | 2.8 | 27.9 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Orbost Golf Course - Less than 10 KM
Orbost Community Sports Centre - Less than 10 KM
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