Sawmill Settlement, located near Mansfield in Victoria, is a small, serene community nestled amidst lush greenery and breathtaking landscapes. The housing market here is characterized by its charming, rustic homes that blend seamlessly with the natural environment. Properties range from cozy cabins to more expansive family homes, often featuring large plots of land that allow residents to immerse themselves in the tranquility of nature. Recently, the area has seen a modest increase in demand, driven by those seeking a retreat from the hustle and bustle of city life. With relatively affordable prices compared to metropolitan areas, Sawmill Settlement offers an attractive option for buyers looking for a peaceful lifestyle and investment potential in the rural housing market.
Living in Sawmill Settlement offers a unique experience defined by its close-knit community and outdoor lifestyle. The settlement is ideal for nature lovers, surrounded by the stunning Alpine National Park, which provides ample opportunities for hiking, skiing, and exploring the great outdoors. Residents enjoy a slower pace of life, with an emphasis on community events and local gatherings, fostering strong social connections. Despite its remote feel, Sawmill Settlement is just a short drive from Mansfield, where essential amenities, shops, and schools can be found. This balance of seclusion and accessibility makes it an appealing location for families, retirees, and anyone seeking a harmonious lifestyle amid Victoria’s picturesque high country.
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Thinking about buying in Sawmill Settlement? Now could not be a better time, with just 236 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $574,000 with prices in this suburb ranging from $75,000 to $1,088,000. The aproximate distance to the coast is 144 Km.
Consistent high demand relative to supply is a key feature in Sawmill Settlement 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 Sawmill Settlement 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 Sawmill Settlement 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 Sawmill Settlement 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 Sawmill Settlement 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 Valuation39 Rosella Street, Sawmill Settlement, VIC, 3723 | $330,000 |
None within suburb boundary
(While the above schools are located with the suburb of Sawmill Settlement 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 | 2.9 | 10.1 | 19.0 | 37.5 | 78.5 | 5.4 | 26.6 |
Feb | 3.6 | 8.9 | 17.1 | 45.8 | 83.9 | 5.0 | 20.3 |
Mar | 3.4 | 6.5 | 13.8 | 54.9 | 92.5 | 5.4 | 16.5 |
Apr | 4.3 | 3.9 | 10.1 | 59.0 | 92.6 | 5.6 | 12.3 |
May | 5.1 | 0.5 | 5.5 | 67.6 | 95.1 | 6.6 | 8.0 |
Jun | 5.7 | -1.4 | 3.0 | 71.0 | 95.5 | 5.6 | 6.8 |
Jul | 6.1 | -2.6 | 1.2 | 82.0 | 97.8 | 5.4 | 6.3 |
Aug | 6.1 | -2.9 | 1.5 | 78.1 | 98.0 | 5.9 | 9.5 |
Sept | 4.2 | -0.8 | 5.3 | 63.8 | 96.6 | 5.3 | 14.2 |
Oct | 4.3 | 2.0 | 9.4 | 57.7 | 92.3 | 5.1 | 20.2 |
Nov | 4.2 | 4.2 | 12.0 | 53.9 | 90.4 | 6 | 22.6 |
Dec | 3.6 | 6.9 | 15.4 | 43.1 | 83.9 | 5.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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