Warrnambool and Swan Hill are two distinct locations in Victoria, each with its unique housing market dynamics and living experiences. Starting with Warrnambool, a coastal city known for its vibrant arts scene and beautiful beaches, it has witnessed a steady demand for both residential and investment properties. The housing market here is characterized by a variety of options ranging from modern apartments in the central areas to charming family homes in the suburbs. The growth in infrastructure and amenities, including schools and healthcare facilities, adds to the city's appeal. As a result, Warrnambool attracts families and retirees looking for a serene lifestyle with easy access to the Great Ocean Road and other natural attractions.
Moving northwest, Swan Hill presents a different appeal, nestled alongside the Murray River. It's known for its agricultural roots and offers a more laid-back, rural lifestyle. The housing market in Swan Hill is generally more affordable compared to larger city centers, making it an attractive option for first-time homebuyers and those seeking a quieter life. The area's rich farming culture is reflected in its real estate, with many properties featuring larger lots of land. Living in Swan Hill means enjoying community-oriented life with the perks of scenic river views, outdoor activities, and a slower pace. Both towns, while distinct in their ambiance, reflect the broader trends of regional Victoria, where affordability and quality of life merge to offer welcoming communities away from the hustle and bustle of metropolitan areas.
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Housing Stock
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Thinking about buying in Winnambool? Now could not be a better time, with just 15 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 307 Km.
Consistent high demand relative to supply is a key feature in Winnambool driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Winnambool 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 Winnambool 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Winnambool 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Winnambool 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 | 16.5 | 34.0 | 19 | 66.9 | 4.6 | 27.9 |
| Feb | 0.8 | 16 | 32.6 | 22.6 | 72.3 | 4.4 | 24.7 |
| Mar | 0.4 | 13.9 | 29.1 | 26.3 | 75.5 | 3.9 | 19.1 |
| Apr | 1.0 | 11.0 | 23.9 | 34.7 | 81.8 | 3.5 | 14.6 |
| May | 0.5 | 7.9 | 19.1 | 44.1 | 88.8 | 3.5 | 10.8 |
| Jun | 0.7 | 5.7 | 15.5 | 54.4 | 93.6 | 3.5 | 9.2 |
| Jul | 0.6 | 5.1 | 15.5 | 52.8 | 91.9 | 3.9 | 9.8 |
| Aug | 0.6 | 5.2 | 17.2 | 42.1 | 89.4 | 3.6 | 12.2 |
| Sept | 0.5 | 6.6 | 21.4 | 29.7 | 85.2 | 4.0 | 17.1 |
| Oct | 0.7 | 9.6 | 25.7 | 25.0 | 79.8 | 4.2 | 21.6 |
| Nov | 0.5 | 12.6 | 29.3 | 20.6 | 74.1 | 4.3 | 26.1 |
| Dec | 1.0 | 14.5 | 31.5 | 19.3 | 68.8 | 4.5 | 28.9 |
source: Australian Government Bureau of Meteorology
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