Part of Wellington, VIC
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| Median Monthly Mortgage | $ |
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| Average Income | $ |
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Thinking about buying in Glenmaggie? Now could not be a better time, with 563 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $351,000 with prices in this suburb ranging from $70,000 to $11,744,000. The approximate distance to the coast is 58 Km.
Consistent high demand relative to supply is a key feature in Glenmaggie 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 Glenmaggie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Glenmaggie 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 Glenmaggie 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 Glenmaggie 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 ValuationGlenmaggie, in the Wellington Shire of Victoria, offers a quaint and picturesque countryside living experience. The housing market here reflects its unique rural charm, with a mix of traditional farmhouses, modern homes, and vacation-style properties. As of recent years, the market has seen steady interest, partly due to its serene atmosphere and appealing landscapes, including the nearby Lake Glenmaggie. Prices remain relatively affordable compared to urban centers, making it an attractive option for retirees, families seeking a quieter lifestyle, or those looking for a weekend retreat away from the city buzz. While there may not be a high volume of properties constantly available, those that do come onto the market often appeal to buyers looking for a blend of natural beauty and community feel.
Living in Glenmaggie offers a laid-back lifestyle amidst scenic natural surroundings. The area is known for outdoor recreational activities, with Lake Glenmaggie offering opportunities for fishing, boating, and picnicking. It's a close-knit community where residents tend to know each other, fostering a friendly and supportive environment. Although services and amenities might be more limited than in urban areas—requiring trips to nearby towns for more extensive shopping and services—the trade-off is a peaceful setting, free from the hustle and busyness of larger towns or cities. For those who appreciate the outdoors and a slower pace of life, Glenmaggie provides an ideal setting with the advantages of both secluded living and natural exploration.
No local schools recorded within the suburb boundary.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.2 | 8.4 | 17.2 | 46.2 | 89.2 | 4.0 | 23.5 |
| Feb | 3.9 | 8.4 | 16.7 | 51.1 | 92.0 | 3.3 | 19.7 |
| Mar | 4.1 | 6.2 | 13.5 | 62.2 | 94.8 | 3.2 | 15.6 |
| Apr | 4.8 | 3.9 | 9.8 | 68.1 | 95.4 | 3.7 | 11.8 |
| May | 4.6 | 1.2 | 5.9 | 70.7 | 95.0 | 4.0 | 8.4 |
| Jun | 4.9 | -0.9 | 3.2 | 75.3 | 97.2 | 3.0 | 7.4 |
| Jul | 7 | -1.6 | 1.9 | 81.4 | 97.1 | 3.3 | 6.9 |
| Aug | 6.4 | -1.9 | 2.5 | 78.5 | 98.4 | 3.7 | 8.9 |
| Sept | 6.8 | -0.2 | 5.9 | 65.4 | 96.2 | 4.2 | 13.5 |
| Oct | 4.7 | 2.4 | 10.2 | 57.2 | 93.4 | 3.9 | 18.5 |
| Nov | 5.3 | 4.1 | 12.3 | 56.2 | 93.9 | 4.0 | 21.7 |
| Dec | 5.0 | 6.4 | 15.0 | 52.7 | 91.9 | 3.9 | 23.8 |
source: Australian Government Bureau of Meteorology
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