All About Belgrave, Yarra Ranges, VIC, 3160

Belgrave, located in the Yarra Ranges of Victoria, Australia, presents a unique and vibrant housing market characterized by its mix of old-world charm and modern amenities. Nestled amidst lush natural landscapes and offering a serene escape from the hustle and bustle of Melbourne city life, Belgrave attracts a diverse population ranging from artists and young families to retirees. The housing market here reflects this eclectic mix, with a range of properties available, including quaint cottages, contemporary family homes, and sprawling hillside retreats. Over recent years, Belgrave has experienced a steady increase in property demand, largely driven by individuals seeking a tranquil lifestyle without sacrificing proximity to urban conveniences. The consistent interest in the area is buoyed by its moderate property prices compared to inner-city suburbs, making it an appealing option for first-home buyers and investors alike.

Living in Belgrave offers residents an enchanting blend of natural beauty and cultural vibrancy. The community is renowned for its artistic flair and tight-knit feel, with numerous local events and festivals fostering a sense of belonging and engagement among residents. The famous Puffing Billy Railway and the nearby Dandenong Ranges National Park provide ample recreational opportunities for outdoor enthusiasts, offering everything from scenic train rides to hiking and cycling trails through verdant forests. Meanwhile, the town itself boasts a variety of cafes, boutique stores, and local markets, ensuring that the daily conveniences and delights are always within reach. Public transport connectivity ensures that the wider Melbourne area is accessible, albeit living in Belgrave often feels delightfully detached from the rush of city life, offering a peaceful yet communally vibrant place to call home.

Belgrave Real Estate Market Outlook

Thinking about buying in Belgrave? Now could not be a better time, with 2021 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,030,000 with prices in this suburb ranging from $290,000 to $4,209,000. The aproximate distance to the coast is 24 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Belgrave ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Belgrave provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Belgrave necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Belgrave 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 Belgrave a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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