Welshpool, located in South Gippsland, Victoria, offers a unique blend of rural charm and convenient amenities, attracting those looking for a quieter lifestyle away from the hustle and bustle of larger cities. The housing market in Welshpool has been relatively stable, characterized by a mix of charming older homes and modern residences that appeal to a range of buyers. Property prices tend to be more affordable compared to urban areas, making it an attractive option for first-time homebuyers or retirees seeking a peaceful community. The picturesque surroundings, including lush farmland and proximity to the coast, add to the area's appeal, providing scenic views and opportunities for outdoor activities.
Living in Welshpool offers a close-knit community feel where neighbors often greet each other by name, and local events are well-attended, reflecting a strong sense of community spirit. Essential services and conveniences are readily accessible, with local shops, a post office, and dining options catering to everyday needs. For more extensive shopping or services, residents often travel to nearby towns, but the commute is typically straightforward and scenic. Educational facilities and recreational areas are well-maintained, and the slower pace of life is ideal for those prioritizing work-life balance and a connection with nature. Overall, Welshpool combines the benefits of rural living with essential amenities, making it a pleasant place to call home.
Median Weekly Rent | $220.00 |
Median Monthly Mortgage | $1164.00 |
Median Persons Per bed houseroom | 0.67 |
Average Household Size | 2.00 |
Average Age | 57.33 |
Average Income | $546.00 |
Average Cars Per Dwelling | 1.92 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $306,000 |
Typical 2 bed house | $364,000 |
Typical 3 bed house | $513,000 |
Typical 4 bed house | $625,000 |
Typical 5 bed house | $790,000 |
Typical 6 bed+ house | $537,000 |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Welshpool? Now could not be a better time, with just 344 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $429,000 with prices in this suburb ranging from $129,000 to $1,577,000. Welshpool is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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 Welshpool 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 Welshpool 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 Welshpool 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 Welshpool 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 Valuation5955 South Gippsland Hwy, Welshpool, VIC, 3966 | $1,250,000 |
Welshpool and District Primary School
(While the above schools are located with the suburb of Welshpool 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 | 14.3 | 24.1 | 49.6 | 83.4 | 5.0 | 23.2 |
Feb | 1.2 | 14.7 | 23.8 | 51.0 | 83.6 | 5.1 | 19.6 |
Mar | 1.7 | 13.3 | 22.0 | 45.6 | 75.4 | 5.1 | 15 |
Apr | 1.7 | 10.5 | 19.5 | 53.2 | 87.5 | 4.2 | 10.5 |
May | 2.9 | 8.5 | 16.9 | 52.7 | 82 | 3.9 | 7.7 |
Jun | 3.8 | 7.6 | 14.6 | 69.6 | 94.4 | 4.5 | 6.2 |
Jul | 2.8 | 6.9 | 13.9 | 72.3 | 95.5 | 5 | 7.4 |
Aug | 2.7 | 6.5 | 14.3 | 68.1 | 96.0 | 4.9 | 10.2 |
Sept | 3.0 | 8.0 | 16.4 | 63.2 | 95.4 | 5.0 | 14.1 |
Oct | 2.1 | 9.5 | 18.6 | 56.3 | 87.5 | 5.0 | 18.6 |
Nov | 2.0 | 10.5 | 19.4 | 61 | 93.2 | 5.0 | 20.7 |
Dec | 2.0 | 12.8 | 22.4 | 52.8 | 85.6 | 5 | 24.1 |
source: Australian Government Bureau of Meteorology
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!