All About Smiths Gully, Nillumbik, VIC, 3760

Smiths Gully, located in the Shire of Nillumbik, Victoria, offers a distinctive rural lifestyle nestled within lush greenery and a serene environment. The housing market in this area typically reflects its rural charm, with properties often characterized by larger land plots, offering plenty of space and a sense of seclusion. Homes here vary widely, with a mix of rustic farmhouses, contemporary residences, and eco-friendly abodes designed to blend seamlessly with the surrounding landscape. Due to its location, Smiths Gully attracts buyers seeking a quieter lifestyle away from the hustle and bustle of city living, which has maintained steady demand in the housing market. Prices can vary depending on the size and features of the property, but overall, the area remains relatively affordable compared to Melbourne's inner suburbs, making it an attractive option for families and retirees alike.

Living in Smiths Gully offers residents a peaceful and close-knit community atmosphere, where the natural beauty of the region is a constant backdrop to daily life. The area is ideal for those who enjoy outdoor activities, with numerous walking and cycling trails, such as those found in the nearby Kinglake National Park and Sugarloaf Reservoir Park. The local community values sustainability and environmental consciousness, often engaging in activities and programs that uphold these principles. Despite its rural feel, Smiths Gully is not isolated; it maintains reasonable access to essential amenities, including shops, schools, and healthcare facilities, many located in surrounding towns such as Hurstbridge and Diamond Creek. This balance of rustic living with access to modern conveniences makes Smiths Gully a desirable place to live for those seeking tranquility without being too far removed from necessary services.

Smiths Gully Real Estate Market Outlook

Thinking about buying in Smiths Gully? Now could not be a better time, with just 179 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,787,000 with prices in this suburb ranging from $716,000 to $2,833,000. The aproximate distance to the coast is 34 Km.

Consistent high demand relative to supply is a key feature in Smiths Gully driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Smiths Gully 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 Smiths Gully provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Smiths Gully 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 Smiths Gully 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 Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!