Selby, located in the picturesque Yarra Ranges of Victoria, offers a unique blend of natural beauty and suburban comfort that appeals to a diverse range of homebuyers. The housing market in Selby is characterized by a variety of properties, from charming older homes that exude rustic charm to more modern constructions that cater to the needs of contemporary families. This diversity offers potential buyers a range of options depending on their budget and lifestyle preferences. The market has shown steady demand, partly because of Selby's scenic surroundings and its relatively close proximity to Melbourne, making it an attractive choice for those seeking a serene escape without sacrificing accessibility to urban amenities.
Living in Selby provides residents with a tranquil lifestyle set against the backdrop of lush forests and rolling hills. The community is tightly-knit, fostering a welcoming atmosphere where neighbors are often on a first-name basis. Outdoor enthusiasts will find plenty to enjoy with numerous walking trails and parks, offering an ideal setting for activities like hiking, biking, and picnicking. The area is also home to a number of local shops, cafes, and community events that enrich the social fabric of Selby. Excellent local schools and convenient public transport options further add to the appeal, making Selby a desirable place for families and individuals seeking both peace and community engagement.
Median Weekly Rent | $380.67 |
Median Monthly Mortgage | $1874.00 |
Median Persons Per bed houseroom | 0.83 |
Average Household Size | 3.00 |
Average Age | 38.33 |
Average Income | $924.33 |
Average Cars Per Dwelling | 2.13 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $833,000 |
Typical 2 bed house | $789,000 |
Typical 3 bed house | $1,052,000 |
Typical 4 bed house | $1,214,000 |
Typical 5 bed house | $1,668,000 |
Typical 6 bed+ house | $1,291,000 |
Housing Stock
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Thinking about buying in Selby? Now could not be a better time, with 777 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,143,000 with prices in this suburb ranging from $350,000 to $3,310,000. The aproximate distance to the coast is 25 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Selby ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Selby provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Selby 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 Selby 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 Selby a better buying opportunity than it may have been in the past.
Instant Property Valuation10 Maskells Hill Road, Selby, VIC, 3159 | 4 | 2 | 2 | $840,000-$890,000 |
Selby Primary School
Menzies Creek Primary School
Mater Christi College
Belgrave South Primary School
St Thomas More's School
The Patch Primary School
Belgrave Heights Christian School
Tecoma Primary School
(While the above schools are located with the suburb of Selby 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 | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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