All About Evansford, Pyrenees, VIC, 3371

Evansford, located within the picturesque Pyrenees region of Victoria, is a quintessential rural community that offers a unique blend of tranquil countryside living and a welcoming, tight-knit community atmosphere. The housing market in Evansford is characterized by its affordability compared to urban centers, making it an attractive option for those looking to escape the hustle and bustle of city life. Traditional homes with sizable land parcels are common, allowing residents ample space for gardens, hobby farming, or simply enjoying the expansive natural surroundings. The local real estate market, while not as dynamic as metropolitan areas, provides steady opportunities for both buyers and investors seeking to capitalize on the area's growing appeal without the inflated prices found in larger cities.

Living in Evansford offers a serene lifestyle with a strong sense of community. Residents enjoy the benefits of rural living, such as clean air, open spaces, and a slower pace of life, all set against the backdrop of the stunning Pyrenees ranges. The town is ideally situated for outdoor enthusiasts, with ample opportunities for hiking, wine tasting at local vineyards, and exploring regional parks. Community events and gatherings form the social fabric of Evansford, fostering connections among residents and a sense of belonging. While amenities are more limited compared to urban centers, the town offers essential services and a friendly environment that makes it a rewarding place for families, retirees, and anyone seeking a peaceful and fulfilling lifestyle away from the city.

Evansford Real Estate Market Outlook

Thinking about buying in Evansford? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $516,000 with prices in this suburb ranging from $58,000 to $971,000. The aproximate distance to the coast is 105 Km.

Consistent high demand relative to supply is a key feature in Evansford 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 Evansford 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 Evansford 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 Evansford 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 Evansford 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

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

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!