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All About Poowong North, South Gippsland, VIC, 3988

Poowong North, located in South Gippsland, Victoria, offers a tranquil rural lifestyle, appealing to those looking to escape the hustle and bustle of city life. The housing market here primarily consists of large blocks and acreage properties, catering to individuals or families seeking space, privacy, and a genuine connection with nature. The area witnesses lower property prices compared to metropolitan regions, making it an attractive option for first-time homebuyers or retirees looking for affordable living. The real estate market can be characterized as relatively stable, with modest growth trends as more people discover the charm and simplicity of country living.

Living in Poowong North provides a serene and picturesque environment, surrounded by lush greenery, rolling hills, and expansive farmland. The community is small and close-knit, offering a welcoming atmosphere where neighbors often know each other by name. While the township offers limited amenities, the nearby town of Poowong, just a short drive away, provides essential services, shops, and schools. For those who appreciate outdoor activities, the region is perfect for hiking, fishing, and enjoying the scenic beauty of South Gippsland. Residents enjoy a slower pace of life, emphasizing peace, community spirit, and a connection to nature, making Poowong North an appealing choice for those seeking a rural retreat.

Household Makeup

Median Weekly Rent $246.20
Median Monthly Mortgage $1983.00
Median Persons Per bed houseroom 0.82
Average Household Size 3.00
Average Age 42.20
Average Income $759.60
Average Cars Per Dwelling 2.67
Average Properties Within 50M 1
Typical 2 bed house$770,000
Typical 3 bed house$706,000
Typical 4 bed house$1,056,000

Housing Stock

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Poowong North Real Estate Market Outlook

Thinking about buying in Poowong North? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $985,000 with prices in this suburb ranging from $555,000 to $2,737,000. The aproximate distance to the coast is 17 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Poowong North 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 Poowong North 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. Medium density in Poowong North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Poowong North 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 Poowong North 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.

Poowong North 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
Jan1.213.025.449.093.84.324.5
Feb1.513.225.147.688.14.320.1
Mar1.912.123.449.983.74.015.4
Apr2.29.620.252.985.13.511.3
May3.48.016.861.594.23.78
Jun2.9614.663.391.83.36.8
Jul2.46.013.964.4943.97.4
Aug36.414.560.994.04.210.1
Sept2.97.616.857.994.14.214.1
Oct2.48.518.857.694.34.319.0
Nov2.410.120.457.695.54.522.3
Dec2.211.622.454.295.04.425.0

source: Australian Government Bureau of Meteorology



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General Points of Interest


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