Tarra Valley, located in Wellington, Victoria, offers a serene lifestyle, making it an attractive option for those looking to escape the hustle and bustle of city life. The housing market in this picturesque region is characterized by an array of charming rural properties, ranging from quaint cottages to larger homesteads set on expansive lands. Prices in Tarra Valley can be more affordable compared to urban areas, providing excellent value for those who crave tranquility and natural beauty. The demand has seen slight variations, with interest primarily coming from retirees, nature enthusiasts, and families seeking a peaceful environment.
Living in Tarra Valley is like residing in a nature lover's paradise, with lush greenery and wildlife at your doorstep. The community is tight-knit and welcoming, often organizing local events and gatherings that strengthen communal bonds. Being part of this beautiful region also means having close proximity to Tarra-Bulga National Park, where residents can enjoy hiking trails, picnic spots, and stunning views. Essential amenities may require a short drive to neighboring towns, but the trade-off is a quiet, relaxed lifestyle surrounded by nature. Overall, Tarra Valley offers a unique living experience that blends rural charm with the benefits of a welcoming community.
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Thinking about buying in Tarra Valley? Now could not be a better time, with just 123 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $802,000 with prices in this suburb ranging from $138,000 to $961,000. The aproximate distance to the coast is 15 Km.
In Tarra Valley 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. 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 Tarra Valley 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 Tarra Valley 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 Tarra Valley 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 Tarra Valley 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 Valuation1592 Tarra Valley Road, Tarra Valley, VIC, 3971 | 5 | 2 | 11 | Under Contract |
None within suburb boundary
(While the above schools are located with the suburb of Tarra Valley 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 | 1.5 | 12.9 | 25.9 | 47.4 | 93.6 | 4.8 | 23.8 |
Feb | 1.8 | 13.1 | 24.9 | 51.9 | 95.3 | 4.7 | 19.2 |
Mar | 2.2 | 11.7 | 23.2 | 52.7 | 94.4 | 4.4 | 14.8 |
Apr | 1.7 | 9.1 | 20.2 | 56.8 | 95.2 | 3.9 | 11.3 |
May | 1.6 | 6.6 | 17.2 | 58.2 | 93.6 | 4.2 | 8.6 |
Jun | 1.7 | 4.4 | 14.8 | 64.5 | 96.0 | 3.9 | 7.2 |
Jul | 1.6 | 4.9 | 14.5 | 60.8 | 94.4 | 4.7 | 7.7 |
Aug | 1.7 | 4.7 | 14.9 | 57.0 | 94.2 | 5.0 | 10.2 |
Sept | 1.7 | 6.1 | 17.4 | 54.5 | 95.4 | 4.9 | 14.3 |
Oct | 1.6 | 7.6 | 19.7 | 54.2 | 96.0 | 4.7 | 19.3 |
Nov | 2.0 | 9.2 | 21.7 | 51.7 | 95.5 | 5.0 | 21.4 |
Dec | 1.7 | 11.2 | 23.9 | 49.0 | 94.4 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
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