Taylor Bay, nestled in the picturesque Murrindindi region of Victoria, offers a serene and idyllic lifestyle, making it an appealing destination for those seeking a peaceful retreat from the hustle and bustle of city life. The housing market in Taylor Bay is characterized by a range of properties that reflect the area's rural charm, including cozy cottages, modern homes, and spacious lots that offer breathtaking views of the surrounding natural beauty. Typically, the properties here are more affordable compared to urban areas, which makes it attractive for buyers seeking value and a slower-paced lifestyle. The market has been relatively stable, with moderate growth as more people discover the unique appeal of living in this tranquil and scenic spot.
Living in Taylor Bay is synonymous with enjoying a close-knit community and an emphasis on outdoor activities. The area is known for its lush landscapes, including proximity to the stunning Lake Eildon, which offers numerous recreational opportunities such as boating, fishing, and hiking. Residents often enjoy an active lifestyle, taking advantage of the beautiful natural surroundings. The community is welcoming and supportive, providing a strong social fabric where neighbors often know each other by name. Local amenities may be limited compared to larger towns, but the charm of Taylor Bay lies in its simplicity and connection with nature, where the pace of life allows residents to enjoy a peaceful and fulfilling existence.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per bed houseroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Taylor Bay? Now could not be a better time, with just 230 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $864,000 with prices in this suburb ranging from $339,000 to $1,828,000. The aproximate distance to the coast is 103 Km.
In Taylor Bay 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 Taylor Bay 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 Taylor Bay 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 Taylor Bay 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 Taylor Bay 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 Valuation52 Taylor Bay Road, Taylor Bay, VIC, 3713 | $305,000 |
Eildon Primary School
(While the above schools are located with the suburb of Taylor Bay 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 | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
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!