Poowong, a quaint town nestled in the lush region of South Gippsland, Victoria, offers a unique and inviting housing market that appeals to those seeking a slice of rural tranquility. Characterized by its picturesque landscapes and small-town charm, Poowong provides a range of housing options from historic cottages to modern homes, often set on spacious plots of land. In recent years, the market here has seen moderate growth, fueled by an increasing interest from individuals and families looking to escape the bustle of urban life. The affordability of housing in Poowong, compared to larger cities, along with the promise of a close-knit community, has been a significant draw for newcomers.
Living in Poowong offers a peaceful lifestyle with the benefits of a tight-knit community, where neighbors know each other and local events bring people together. Residents enjoy easy access to essential amenities within the town, while larger shopping centers and additional facilities are just a short drive away in nearby towns like Warragul and Drouin. The surrounding natural beauty, including rolling hills and verdant farmland, provides a perfect backdrop for outdoor activities like hiking and cycling. Overall, Poowong offers an idyllic setting for those who appreciate the slower pace of country living while remaining connected to the broader Gippsland region.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $1530.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 39.00 |
Average Income | $709.00 |
Average Cars Per Dwelling | 2.27 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $682,000 |
Typical 2 bed house | $471,000 |
Typical 3 bed house | $692,000 |
Typical 4 bed house | $1,105,000 |
Typical 5 bed house | $1,257,000 |
Typical 6 bed+ house | $1,243,000 |
Housing Stock
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Thinking about buying in Poowong? Now could not be a better time, with 539 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $797,000 with prices in this suburb ranging from $215,000 to $23,428,000. The aproximate distance to the coast is 13 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 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 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 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 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 Valuation4 Brisbane Street, Poowong, VIC, 3988 | 3 | 1 | 0 | $500,000 - $550,000 |
Poowong Consolidated School
(While the above schools are located with the suburb of Poowong there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 13.0 | 25.4 | 49.0 | 93.8 | 4.3 | 24.5 |
Feb | 1.5 | 13.2 | 25.1 | 47.6 | 88.1 | 4.3 | 20.1 |
Mar | 1.9 | 12.1 | 23.4 | 49.9 | 83.7 | 4.0 | 15.4 |
Apr | 2.2 | 9.6 | 20.2 | 52.9 | 85.1 | 3.5 | 11.3 |
May | 3.4 | 8.0 | 16.8 | 61.5 | 94.2 | 3.7 | 8 |
Jun | 2.9 | 6 | 14.6 | 63.3 | 91.8 | 3.3 | 6.8 |
Jul | 2.4 | 6.0 | 13.9 | 64.4 | 94 | 3.9 | 7.4 |
Aug | 3 | 6.4 | 14.5 | 60.9 | 94.0 | 4.2 | 10.1 |
Sept | 2.9 | 7.6 | 16.8 | 57.9 | 94.1 | 4.2 | 14.1 |
Oct | 2.4 | 8.5 | 18.8 | 57.6 | 94.3 | 4.3 | 19.0 |
Nov | 2.4 | 10.1 | 20.4 | 57.6 | 95.5 | 4.5 | 22.3 |
Dec | 2.2 | 11.6 | 22.4 | 54.2 | 95.0 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
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