Rochester, located in the Shire of Campaspe in Victoria, has experienced a dynamic housing market in recent years. The town, known for its rich agricultural heritage and the picturesque Campaspe River, offers a blend of rural tranquility and accessibility to larger urban centers, making it an attractive option for many homebuyers. The housing market in Rochester is characterized by affordability compared to metropolitan areas, appealing particularly to families, retirees, and first-time homebuyers seeking spacious properties at reasonable prices. As demand has grown, partly fueled by people migrating from cities in search of a more relaxed lifestyle, property values have seen modest increases. However, despite this uptick, Rochester continues to offer considerable value, with a variety of housing options ranging from classic Australian bungalows to modern developments.
Living in Rochester provides a sense of community and connection with nature that is often lost in larger cities. The town's vibrant community life is supported by amenities such as local schools, health services, and recreational facilities, including parks and sporting clubs, which cater to residents of all ages. The town hosts several local events and festivals throughout the year, enriching its cultural tapestry and fostering a strong community spirit. Daily life in Rochester is marked by a slower pace, where residents can enjoy the serenity of rural landscapes while still benefiting from the convenience of essential services and the nearby larger towns of Echuca and Bendigo. With its friendly atmosphere and the charm of country living, Rochester offers a quality of life that balances serenity with accessibility, attracting those who seek a tight-knit community environment.
| Median Weekly Rent | $235.71 |
| Median Monthly Mortgage | $1098.29 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 53.57 |
| Average Income | $576.57 |
| Average Cars Per Dwelling | 1.81 |
| Average Properties Within 50M | 7 |
| Typical 1 bed house | $205,000 |
| Typical 2 bed house | $328,000 |
| Typical 3 bed house | $432,000 |
| Typical 4 bed house | $679,000 |
| Typical 5 bed house | $982,000 |
| Typical 6 bed+ house | $453,000 |
Housing Stock
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Thinking about buying in Rochester? Now could not be a better time, with 2209 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $388,000 with prices in this suburb ranging from $42,000 to $3,687,000. The aproximate distance to the coast is 156 Km.
In Rochester there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Rochester is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Rochester leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Rochester necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Rochester we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Rochester a better buying opportunity than it may have been in the past.
Instant Property ValuationSt Joseph's School
Rochester Secondary College
Rochester Primary School
(While the above schools are located with the suburb of Rochester 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 | 0.8 | 15.3 | 30.9 | 23.3 | 74.5 | 3.1 | 27.6 |
| Feb | 1.1 | 14.9 | 29.5 | 27.3 | 77.7 | 2.9 | 23.8 |
| Mar | 0.8 | 12.5 | 26.3 | 30.9 | 83.9 | 2.7 | 19.1 |
| Apr | 1.5 | 9.7 | 22.3 | 38.0 | 86.8 | 2.5 | 15.0 |
| May | 2.0 | 6.7 | 16.9 | 51.8 | 94.2 | 2.5 | 10.9 |
| Jun | 1.7 | 4.0 | 13.7 | 57.3 | 96.4 | 2.4 | 9.5 |
| Jul | 2.1 | 4.1 | 13.2 | 60.4 | 97.0 | 2.9 | 9.4 |
| Aug | 2.0 | 4.1 | 14.1 | 54.1 | 96.0 | 2.9 | 11.9 |
| Sept | 2.0 | 6.2 | 17.8 | 46.3 | 94.1 | 3.2 | 16.9 |
| Oct | 1.4 | 8.3 | 21.6 | 35.9 | 90.0 | 3.1 | 22.2 |
| Nov | 1 | 10.2 | 25.1 | 27.3 | 87.0 | 3.1 | 25.1 |
| Dec | 1.2 | 13.3 | 28.6 | 24.7 | 79.5 | 3.3 | 28.1 |
source: Australian Government Bureau of Meteorology
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