Gherang, located in the Surf Coast Shire of Victoria, Australia, is a peaceful rural locality known for its scenic beauty and relaxed lifestyle. The housing market in Gherang is characterized by spacious properties and a blend of traditional and modern homes that cater to diverse preferences. While not as bustling as some neighboring towns, Gherang offers a tranquil retreat for those seeking a quieter life surrounded by nature. The proximity to popular tourist destinations such as the Great Ocean Road and the Otway Ranges makes it an attractive spot for buyers looking to invest in areas with potential for growth. Despite being a rural area, the housing market in Gherang has seen steady interest, partly due to its open spaces and the lifestyle it affords away from the urban sprawl.
Living in Gherang provides residents with a unique opportunity to embrace a serene, country lifestyle without sacrificing access to essential amenities. The community is tight-knit, reflecting the rural charm where local gatherings and community events are common. Residents enjoy easy access to outdoor recreational activities, including hiking, horseback riding, and exploring the natural landscapes that define the region. The area's climate is mild, making it pleasant for outdoor activities year-round. Though Gherang is somewhat removed from the fast pace of city life, it remains conveniently connected to larger townships and cities like Geelong, providing a balance of isolation and accessibility. Overall, Gherang offers a peaceful, community-oriented environment with the added allure of Victoria’s natural beauty.
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Thinking about buying in Gherang? Now could not be a better time, with just 198 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,499,000 with prices in this suburb ranging from $303,000 to $3,954,000. The aproximate distance to the coast is 10 Km.
In Gherang 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. Incomes in Gherang are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Gherang provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Gherang 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 Gherang 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Gherang there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 14.3 | 24.2 | 50.6 | 89.8 | 4.7 | 24.5 |
Feb | 1.0 | 14.9 | 23.4 | 55.3 | 89.8 | 4.4 | 19.6 |
Mar | 1.4 | 14.0 | 22.1 | 53.7 | 89.7 | 4.3 | 15.1 |
Apr | 1.3 | 11.8 | 19.6 | 55.9 | 91.1 | 4.2 | 11.4 |
May | 2.2 | 9.8 | 16.4 | 60.7 | 91.6 | 4.7 | 8.4 |
Jun | 2.1 | 8.0 | 14.1 | 66.4 | 92.7 | 4.7 | 7.1 |
Jul | 2.4 | 7.3 | 13.5 | 64.2 | 91.8 | 5.2 | 7.5 |
Aug | 2.0 | 7.3 | 14.4 | 59.2 | 91.6 | 5.2 | 10.1 |
Sept | 1.9 | 8.4 | 16.7 | 53.2 | 90.6 | 5.0 | 14.3 |
Oct | 1.9 | 9.7 | 18.9 | 52.0 | 90.3 | 4.7 | 19.2 |
Nov | 1.8 | 11.3 | 20.7 | 52.3 | 90.8 | 4.6 | 22.1 |
Dec | 1.4 | 12.4 | 22.3 | 52.2 | 90.3 | 4.5 | 25.1 |
source: Australian Government Bureau of Meteorology
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