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All About Paradise Beach, Wellington, VIC, 3851

Paradise Beach, located in Wellington, Victoria, is a serene and picturesque coastal town that offers a unique living experience. The housing market in this area has seen gradual growth, as more people are drawn to the tranquil lifestyle and natural beauty that the location offers. Properties in Paradise Beach range from charming beachside cottages to modern homes with panoramic views of the pristine coastline. Over the past few years, the demand for real estate in Paradise Beach has been steadily increasing, as it is becoming a popular relocation choice for individuals seeking a peaceful retreat away from the hustle and bustle of city life. The interest in property investment is fueled by the area's promise of a relaxing environment, as well as the potential for appreciation as the region gains popularity.

Living in Paradise Beach provides residents with a sense of community and a slower pace of life. The town is characterized by its stunning natural environment, with long stretches of sandy beaches, clear waters, and an abundance of wildlife, making it an ideal location for outdoor enthusiasts. Residents can enjoy various activities such as fishing, swimming, and walking along the shores. The close-knit community ensures a welcoming atmosphere, where neighbors know each other, and local events and markets foster social interaction. While it may lack the extensive amenities found in larger urban areas, Paradise Beach compensates with its charm and the quality of life it offers, making it an attractive option for those seeking balance, relaxation, and natural beauty.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
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Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Paradise Beach Real Estate Market Outlook

Thinking about buying in Paradise Beach? Now could not be a better time, with 1140 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $259,000 with prices in this suburb ranging from $46,000 to $1,017,000. Paradise Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Paradise Beach 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 Paradise Beach 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 Paradise Beach 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 Paradise Beach 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 Paradise Beach 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Paradise Beach there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

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Paradise Beach 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
Jan1.013.826.941.692.34.724.2
Feb2.014.125.948.194.24.620.4
Mar1.412.324.147.794.14.216.0
Apr1.49.320.751.195.73.712.3
May1.36.117.753.194.63.98.8
Jun1.63.814.661.696.83.77.7
Jul1.33.814.655.194.94.38.0
Aug1.54.315.352.795.14.510.5
Sept1.35.418.246.595.74.614.8
Oct1.67.719.646.694.34.720.2
Nov2.210.222.145.493.94.922.8
Dec1.612.225.142.492.35.025.8

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

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