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Faraday
VIC, 3451 - Mount Alexander

Thinking about buying in Faraday? Now could not be a better time, with just 142 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $919,000 with prices in this suburb ranging from $342,000 to $1,657,000. The aproximate distance to the coast is 96 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Properties for sale in Faraday
Instant Property Valuation

Faraday Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Faraday 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 Faraday 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. Medium density in Faraday necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Faraday 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.

Properties for sale Faraday

Belle Property 80 FARADAY-SUTTON GRANGE RD, FARADAY, VIC, 3451 Beds Bathrooms $1,500,000 - $1,650,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Faraday 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.

Faraday 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
Jan1.412.730.625.181.84.327.8
Feb1.313.429.928.182.73.923.5
Mar2.011.626.634.387.33.518.3
Apr0.97.821.642.291.53.013.8
May1.54.516.354.896.22.89.8
Jun4.93.413.365.898.02.57.9
Jul2.13.212.267.497.42.67.3
Aug1.6313.857.595.53.010.9
Sept1.43.617.447.495.63.015.6
Oct1.65.820.742.593.93.321.9
Nov1.98.524.535.591.73.524.6
Dec1.011.228.826.682.93.728.7

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Golden PointChewton BushlandsMoonlight FlatMoonlight FlatElphinstoneChewtonBarkers CreekHarcourtCastlemaineSutton Grange

Public Transport

Bendigo - Greater then 10KM Stop 1: Central Deborah Gold Mine - Greater then 10KM Elphinstone - Less than 10 KM Muckleford - Greater then 10KM Stop 2: Charing Cross - Greater then 10KM Stop 3: Bendigo Tramways Depot and Workshop - Greater then 10KM Kyneton - Greater then 10KM Kangaroo Flat - Greater then 10KM Castlemaine - Less than 10 KM Maldon - Greater then 10KM

General Points of Interest

Bress - Less than 10 KM BlackJack Wines - Less than 5 KM War Memorial - Less than 10 KM War Memorial - Less than 10 KM Sutton Grange War Memorial - Less than 10 KM Unknown Miners Grave - Less than 10 KM Castlemaine Swimming Pool - Less than 10 KM Mount Alexander Golf Club - Less than 10 KM Buda Historic Home and Garden - Less than 10 KM Burke & Wills Monument - Less than 10 KM

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