All About Orbost, East Gippsland, VIC, 3888
Orbost, a picturesque town nestled in the East Gippsland region of Victoria, offers a unique perspective on the housing market characterized by its rural charm and affordability. The housing market in Orbost has traditionally been more accessible compared to metropolitan areas, attracting a mix of first-time buyers, retirees, and those seeking a tranquil lifestyle. The range of properties available varies from quaint older homes reflecting the town's rich history to newer developments that cater to modern living standards. Despite fluctuations in the broader property market, Orbost has maintained relative stability, offering potential homeowners a mix of affordability and growth potential. Additionally, the town's close proximity to natural attractions such as the Snowy River and national parks further enhances its appeal, making it an attractive option for those looking to invest in a lifestyle that balances both convenience and serenity.
Living in Orbost provides residents with a small-town community feel, where neighborly interactions and community events are the norm. The town's location amidst lush landscapes and scenic views contributes to a relaxed lifestyle, offering a reprieve from the hustle and bustle of city living. Local amenities, including schools, healthcare facilities, and quaint shops, serve the community's needs while maintaining the town's rural essence. Outdoor enthusiasts can take advantage of the ample opportunities for adventure and exploration, from hiking and fishing to more leisurely pursuits along the picturesque coastline. Additionally, the sense of community in Orbost is strong, with numerous local events and festivals that celebrate the unique culture and history of the region. For those seeking a blend of affordable living, connectivity with nature, and a tight-knit community, Orbost provides an inviting haven.
Household Makeup
| Median Weekly Rent | $192.63 |
| Median Monthly Mortgage | $875.50 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $271,000 |
| Typical 2 bed house | $326,000 |
| Typical 3 bed house | $374,000 |
| Typical 4 bed house | $450,000 |
| Typical 5 bed house | $465,000 |
| Typical 6 bed+ house | $667,000 |
Housing Stock
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Orbost Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses 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
General Points of Interest
Orbost Golf Course - Less than 10 KM
Orbost Community Sports Centre - Less than 10 KM
Nearby Suburbs
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