Gormandale is a small rural town located in the Wellington Shire of Victoria, Australia. The housing market in Gormandale reflects the quintessential charm of country living, with properties often featuring expansive land and scenic views, which are common in this region. Compared to urban areas, the property prices in Gormandale are relatively more affordable, making it an attractive option for those looking to escape the hustle and bustle of city life. The types of housing available typically include standalone homes, often with generous plots of land suitable for gardening or small-scale farming. The market can be quite competitive as more people are seeking the tranquility that areas like Gormandale offer, but it generally remains accessible for first-time homebuyers and families.
Living in Gormandale presents a lifestyle centered around community and nature. The town exudes a tight-knit community feel, where residents often participate in local events and enjoy shared amenities such as parks and community centers. The surrounding landscape is predominantly agricultural, providing picturesque views and opportunities for outdoor activities like hiking and biking. Facilities like schools, shops, and health services are available but may require a short drive to nearby larger towns for more comprehensive options. Overall, Gormandale offers a serene and peaceful country living experience, making it a great place for those who appreciate a slower pace of life and a strong sense of community.
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Thinking about buying in Gormandale? Now could not be a better time, with just 210 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,199,000 with prices in this suburb ranging from $41,000 to $1,362,000. The aproximate distance to the coast is 29 Km.
Consistent high demand relative to supply is a key feature in Gormandale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Gormandale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Gormandale 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 Gormandale 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 Gormandale 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 Valuation516 Merrimans Creek Road, Gormandale, VIC, 3873 | 3 | 2 | 2 | $650,000 |
Gormandale And District Primary School
(While the above schools are located with the suburb of Gormandale 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 | |
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Jan | 1.2 | 13.4 | 27.9 | 39.2 | 90.4 | 4.3 | 23.6 |
Feb | 2 | 13.5 | 27.0 | 43.1 | 92.7 | 4.1 | 19.7 |
Mar | 1.8 | 11.8 | 24.4 | 46.1 | 92.7 | 3.8 | 14.5 |
Apr | 1.9 | 9.2 | 20.8 | 52.9 | 95.3 | 3.2 | 11.2 |
May | 1.8 | 6.2 | 17.0 | 59.4 | 95.3 | 3.4 | 8.5 |
Jun | 1.9 | 3.9 | 14.2 | 65.0 | 95.4 | 3.0 | 7.5 |
Jul | 1.9 | 4.1 | 14.0 | 62.8 | 95.2 | 3.7 | 7.5 |
Aug | 2.6 | 4.5 | 14.9 | 57.9 | 94.8 | 4.0 | 10.0 |
Sept | 2.4 | 6.1 | 17.6 | 51.1 | 94.0 | 4.3 | 14.2 |
Oct | 2.0 | 7.6 | 20.3 | 49.3 | 94.2 | 4.1 | 19 |
Nov | 2.3 | 9.4 | 22.8 | 47.6 | 94.0 | 4.3 | 21.5 |
Dec | 1.7 | 11.7 | 25.3 | 42.4 | 92.3 | 4.4 | 23.6 |
source: Australian Government Bureau of Meteorology
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