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All About Woolamai, Bass Coast, VIC, 3995

Woolamai, located in the Bass Coast Shire of Victoria, is a charming coastal town renowned for its natural beauty and relaxed lifestyle. The housing market in Woolamai has predominantly been characterized by its quaint beach houses and holiday homes, making it an attractive spot for those seeking a peaceful retreat by the ocean. In recent years, the market has experienced a steady increase in demand, driven by both investors and families looking for a weekend getaway or a permanent seaside lifestyle. Properties in Woolamai often offer generous land sizes, providing ample space for outdoor activities, and feature stunning views of the surrounding beaches and landscape. Despite the rising interest, the area still maintains a level of affordability compared to metropolitan Melbourne, which makes it an appealing option for first-time buyers and retirees looking for a coastal haven.

Living in Woolamai offers a unique blend of tranquility and recreation, perfect for those who enjoy an active, outdoor-centric lifestyle. Residents have easy access to beautiful beaches such as Woolamai Beach, known for its excellent surf conditions, as well as scenic walking trails like the Cape Woolamai Walk, which boasts breathtaking panoramic views. The community is tight-knit and friendly, with local events and markets adding to the vibrant yet laid-back atmosphere. Despite its serene environment, Woolamai provides essential amenities and is a short drive away from larger towns like Wonthaggi and Cowes, where more comprehensive services and shopping can be found. Moreover, Woolamai’s proximity to natural attractions such as Phillip Island means there’s never a shortage of activities, from wildlife viewing and hiking to enjoying local cafes and shops, making it an ideal place for both relaxation and adventure.

Household Makeup

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Housing Stock

Local Internet Speeds

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Woolamai Real Estate Market Outlook

Thinking about buying in Woolamai? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,510,000 with prices in this suburb ranging from $345,000 to $2,853,000. Woolamai is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Woolamai 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 Woolamai 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 Woolamai 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. High density population in Woolamai requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Woolamai we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Woolamai a better buying opportunity than it may have been in the past.

Instant Property Valuation

Properties for sale Woolamai

Stockdale&Leggo 27 Mcgrath Road, Woolamai, VIC, 3995 Beds4 Bathrooms2 Parking 6 $2,100,000 - $2,150,000
Properties for sale in Woolamai

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Woolamai there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

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Woolamai weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
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Max (%)
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(m/sec)
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SOLAR
Jan1.616.224.655.888.53.925.3
Feb1.616.224.554.187.93.721
Mar1.614.922.953.287.33.815.8
Apr1.713.220.357.089.63.310.9
May2.910.716.462.090.33.57.7
Jun2.28.714.167.2923.56.9
Jul2.38.213.565.090.74.47.4
Aug2.68.114.161.890.5410.0
Sept1.99.416.356.790.63.714.3
Oct1.611.118.857.490.73.519.0
Nov5.112.620.754.088.23.622.4
Dec1.314.624.051.8873.828.3

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

KilcundaBassAndersonArchies CreekRyanstonGlen ForbesDalystonAlmurtaSan RemoAdams Estate

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