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All About Bamawm Extension, Campaspe, VIC, 3564

Bamawm Extension, located within the Shire of Campaspe in Victoria, offers a quaint and serene lifestyle, reflective of its rural setting. The housing market in this region remains relatively stable, characterized by its wide range of farmhouses and countryside dwellings that offer both charm and affordability compared to urban centers. Properties tend to be more spacious, often accompanied by large plots of land, which appeals to buyers looking for a rural lifestyle or those interested in agricultural pursuits. Due to its rural nature, the demand and supply in Bamawm Extension are typically less volatile, which can offer potential buyers and investors a sense of stability.

Living in Bamawm Extension provides residents with a close-knit community atmosphere, where neighbors often know each other by name, fostering a strong sense of connection and support. The area is predominantly agricultural, with vast landscapes offering picturesque views and a tranquil environment, ideal for those seeking peace away from the hustle and bustle of city life. Basic amenities and services are available, although residents may need to travel to nearby towns like Echuca for broader services and shopping. Overall, it is an inviting place for families and individuals yearning for a connection to nature and a slower pace of life.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
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Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Bamawm Extension Real Estate Market Outlook

Thinking about buying in Bamawm Extension? Now could not be a better time, with just 104 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $631,000 with prices in this suburb ranging from $430,000 to $849,000. The aproximate distance to the coast is 177 Km.

Consistent high demand relative to supply is a key feature in Bamawm Extension 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 Bamawm Extension 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 Bamawm Extension 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 Bamawm Extension 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 Valuation

Properties for sale Bamawm Extension

Nutrien Harcourts 3 Pearse Road, Bamawm Extension, VIC, 3564 Beds Bathrooms $380K to $420K
Properties for sale in Bamawm Extension

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bamawm Extension weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.315.732.823.780.93.226.4
Feb0.615.331.426.381.62.923.5
Mar1.413.127.832.086.12.718.0
Apr1.59.523.141.392.62.113.3
May1.36.317.854.597.02.19.4
Jun1.53.914.266.798.71.97.6
Jul1.33.713.866.498.62.28.4
Aug13.81557.298.12.311.3
Sept1.05.618.747.297.52.416.2
Oct0.87.923.734.993.32.721.6
Nov0.810.727.32789.43.024.9
Dec1.313.530.721.681.53.228.1

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

Echuca WestKottaRoslynmeadBamawmWharparillaLockingtonCampaspe WestBallendellaEchucaEchuca East

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