Buxton VIC 3711: Property Market Report & Real Estate Insights

Part of Murrindindi, VIC

Buxton Real Estate Market Outlook

Thinking about buying in Buxton? Now could not be a better time, with just 462 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $800,000 with prices in this suburb ranging from $180,000 to $2,312,000. The approximate distance to the coast is 74 Km.

Living in Buxton

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Buxton due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Buxton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Buxton to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Buxton 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 Buxton a better buying opportunity than it may have been in the past.

Instant Property Valuation

Buxton, located in the Murrindindi Shire of Victoria, offers a serene and picturesque environment that is increasingly attracting homebuyers looking for tranquility and a close-knit community. The housing market in Buxton is characterized by its rural charm, with options ranging from charming wooden cottages to larger, modern family homes set on spacious lots. The market here is relatively affordable compared to urban centers, making it an appealing choice for first-time buyers and retirees seeking a peaceful lifestyle. With the natural beauty of the Acheron River and the surrounding ranges, properties in Buxton often boast beautiful views and easy access to nature, enhancing their appeal.

Living in Buxton means embracing a more relaxed pace of life, where community spirit thrives and local events bring residents together. The town offers basic amenities and services, with more comprehensive facilities available in nearby towns like Alexandra and Healesville. Buxton's proximity to outdoor recreational opportunities, such as hiking, fishing, and exploring the Yarra Ranges National Park, makes it ideal for nature enthusiasts. The area is also known for its friendly locals and the iconic Buxton Trout & Salmon Farm, which adds a touch of uniqueness to the local lifestyle. Overall, Buxton provides a charming escape from city living, offering a welcoming community and an abundance of natural beauty.

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Nearby Suburbs

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