All About Timboon, Corangamite, VIC, 3268
Timboon, located in the Corangamite region of Victoria, Australia, offers a unique and appealing housing market, characterized by its affordability and charming rural atmosphere. The town, known for its lush landscapes and proximity to popular tourist attractions like the Great Ocean Road and Twelve Apostles, has seen a steady interest from both first-time homebuyers and retirees seeking a more relaxed lifestyle. The housing market in Timboon features a mix of quaint cottages, family homes, and larger rural properties, providing diverse options for potential homeowners. With prices generally lower than those in larger nearby urban centers, Timboon presents an attractive option for individuals looking to invest in property within a close-knit community.
Living in Timboon provides residents with a tranquil and friendly environment that embodies the quintessential Australian country lifestyle. The town boasts a strong sense of community, supported by local amenities such as schools, healthcare services, and shopping options. Furthermore, Timboon is celebrated for its gourmet food scene, with local producers offering everything from artisanal cheeses to craft spirits, adding to its charm. Outdoor enthusiasts benefit from the area's rich natural beauty, with numerous hiking trails and outdoor activities available in the surrounding countryside. Together, these features make Timboon not only an appealing place to buy a home but also a delightful place to live for those who appreciate both community spirit and the great outdoors.
Household Makeup
| Median Weekly Rent | $258.33 |
| Median Monthly Mortgage | $1144.67 |
| Median Persons Per bed houseroom | 0.73 |
| Average Household Size | 2.00 |
| Average Age | 49.67 |
| Average Income | $654.67 |
| Average Cars Per Dwelling | 1.79 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $482,000 |
| Typical 2 bed house | $389,000 |
| Typical 3 bed house | $497,000 |
| Typical 4 bed house | $743,000 |
| Typical 5 bed house | $570,000 |
Housing Stock
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Timboon Real Estate Market Outlook
Thinking about buying in Timboon? Now could not be a better time, with 995 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $507,000 with prices in this suburb ranging from $123,000 to $1,109,000. Timboon is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Timboon 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 Timboon 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 Timboon 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 Timboon 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 ValuationHouses for sale Timboon
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41 Main Street, Timboon, VIC, 3268 |  |
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$230,000 + SAV | |
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8 Wark Street, Timboon, VIC, 3268 | 3 |
1 |
 1 |
$470,000 |
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37 Main Street, Timboon, VIC, 3268 | |
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$250,000 + SAV | |
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26 Barrett Street, Timboon, VIC, 3268 | 3 |
2 |
2 |
$550,000 |
Local Schools
Timboon P-12 School
(While the above schools are located with the suburb of Timboon there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Timboon weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 11.1 | 27.2 | 37.5 | 96.4 | 4.1 | 24.7 |
| Feb | 1.2 | 11.8 | 26.8 | 39.7 | 96.6 | 4.0 | 20.5 |
| Mar | 1.1 | 10.4 | 24.3 | 43.7 | 96.6 | 3.7 | 15.7 |
| Apr | 1.5 | 8.3 | 20.3 | 50.3 | 97.6 | 3.5 | 11.5 |
| May | 2.0 | 6.6 | 16.4 | 62.2 | 98.2 | 3.7 | 8.4 |
| Jun | 1.9 | 4.6 | 13.8 | 72.6 | 99.2 | 3.6 | 7.3 |
| Jul | 2.1 | 4.7 | 13.2 | 68.9 | 97.4 | 4.3 | 7.4 |
| Aug | 2.0 | 4.6 | 14.0 | 65.5 | 98.6 | 4.5 | 10.1 |
| Sept | 2.1 | 5.7 | 16.2 | 58.8 | 98.7 | 4.4 | 14 |
| Oct | 1.8 | 6.7 | 18.8 | 55.0 | 98.3 | 4.1 | 18.7 |
| Nov | 1.4 | 8.3 | 21.2 | 51.2 | 98.5 | 4 | 21.6 |
| Dec | 1.5 | 9.8 | 24.4 | 42.9 | 97.5 | 4.2 | 24.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Sherwood Park - Greater then 10KM
General Points of Interest
Timboon Outdoor Swimming Pool - Less than 1 KM
Timboon Sporting Centre - Less than 1 KM
Timboon Golf Club - Less than 5 KM
Nearby Suburbs
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