All About Bass, Bass Coast, VIC, 3991

The housing market in Bass, a township in the Bass Coast Shire of Victoria, offers a mix of rural and coastal charm. With its semi-rural landscape, the area features a variety of properties, from expansive farmlands to more modest family homes. In recent years, Bass has seen a steady interest from buyers seeking affordable alternatives to the more expensive nearby regions, driven by its picturesque setting and potential for lifestyle changes. As a result, the market here has experienced a gradual increase in property values, though it remains more accessible compared to the bustling city markets. This trend is fueled by a mix of retirees attracted by the tranquility, as well as young families looking for a community-oriented environment.

Living in Bass provides a unique experience combining both natural beauty and a sense of community. Residents enjoy close proximity to the stunning coastline, lush greenery, and the notable attractions of the Bass Coast, such as the Phillip Island Nature Parks. Life here is laid-back, with a slower pace that appeals to those wanting to escape the hectic city life. Despite its peaceful setting, Bass is well connected by road to larger hubs like Melbourne, which is about an hour and a half's drive away, ensuring that urban amenities are still within reach. The local community often hosts various events and activities, fostering a friendly and welcoming atmosphere where neighbors know each other. This small-town vibe, combined with the natural surroundings, makes Bass an appealing place for people seeking a balanced lifestyle.

Bass Real Estate Market Outlook

Thinking about buying in Bass? Now could not be a better time, with just 284 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,113,000 with prices in this suburb ranging from $202,000 to $3,987,000. Bass is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

In Bass 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 Bass 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 Bass 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 Bass 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 Bass 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 Bass a better buying opportunity than it may have been in the past.

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Public Transport

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General Points of Interest

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