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.

Timboon Real Estate Market Outlook

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.

Houses for sale Timboon

	41 main st, timboon, vic, 3268				$230,000 + SAV
	8 wark st, timboon, vic, 3268	3	1	1	$470,000
	37 main st, timboon, vic, 3268				$250,000 + SAV
	26 barrett st, timboon, vic, 3268	3	2	2	$550,000

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General Points of Interest

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