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All About Glenthompson, Southern Grampians, VIC, 3293

Glenthompson, a small but charming town located in the Southern Grampians Shire of Victoria, offers a unique blend of rural tranquility and community camaraderie. The housing market in Glenthompson is relatively affordable, especially when compared to the bustling urban centers of Victoria. Properties here often include generous plots of land, reflecting the expansive agricultural setting of the region. Buyers are typically drawn to Glenthompson for its serene landscapes, open spaces, and the opportunity to invest in a lifestyle that embraces the slower pace of country living. With its affordability and the promise of a peaceful environment, the housing market attracts those seeking a retreat from city life, as well as first-time home buyers and retirees looking for more value and space.

Living in Glenthompson provides residents with a quintessentially rural Australian lifestyle. The town boasts a close-knit community where everyone knows their neighbors, and local events are a highlight that bring people together. Residents enjoy the picturesque surroundings, with the Grampians National Park nearby offering stunning scenery and outdoor recreation opportunities such as hiking and bird watching. The local culture is rich with history and tradition, often showcased through community gatherings and events. While amenities might be more limited compared to larger cities, the essentials are covered with a few local shops, a pub, and community services. Ultimately, Glenthompson offers a peaceful and fulfilling lifestyle that appeals to those who appreciate the charm of rural living.

Household Makeup

Median Weekly Rent $150.00
Median Monthly Mortgage $1062.00
Median Persons Per bed houseroom 0.70
Average Household Size 3.00
Average Age 42.00
Average Income $772.00
Average Cars Per Dwelling 2.93
Average Properties Within 50M 3
Typical 1 bed house$228,000
Typical 2 bed house$233,000
Typical 3 bed house$312,000
Typical 4 bed house$370,000
Typical 5 bed house
Typical 6 bed+ house$272,000

Housing Stock

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Glenthompson Real Estate Market Outlook

Thinking about buying in Glenthompson? Now could not be a better time, with just 264 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $276,000 with prices in this suburb ranging from $54,000 to $422,000. The aproximate distance to the coast is 60 Km.

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

Local Schools

None within suburb boundary

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

Glenthompson 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
Jan0.910.829.028.291.94.626.2
Feb0.811.527.834.693.84.422.3
Mar0.89.924.240.393.84.216.6
Apr1.17.820.346.795.23.812.2
May1.56.115.860.695.94.08.9
Jun1.54.412.970.597.43.87.4
Jul1.64.412.370.897.34.57.6
Aug1.73.913.066.5984.210.3
Sept1.55.016.059.898.24.314.7
Oct1.55.919.351.697.83.919.4
Nov1.07.222.043.596.84.022.5
Dec1.29.325.933.894.34.326.1

source: Australian Government Bureau of Meteorology



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General Points of Interest


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