All About Goughs Bay, Mansfield, VIC, 3723
Goughs Bay, situated in the picturesque Mansfield Shire of Victoria, offers a serene and welcoming environment, making it an attractive destination for those seeking a tranquil lifestyle. The housing market in Goughs Bay predominantly features a mix of charming holiday homes, sturdy family residences, and vacant land ripe for development. Prices have been relatively stable, with incremental growth reflecting the area's increasing desirability. Many properties boast beautiful views of Lake Eildon or the surrounding lush bushlands, catering to both permanent residents and those looking for weekend getaways. The region's emphasis on space and nature means that homes often come with generous land sizes, allowing residents to enjoy outdoor living and gardening.
Living in Goughs Bay offers a unique blend of rural charm and essential amenities. The community is tight-knit, with a small-town feel where neighbors know each other and come together for local events and activities. The area's natural beauty provides ample opportunities for outdoor adventures, including fishing, boating, hiking, and wildlife watching, appealing to nature enthusiasts and those seeking an active lifestyle. Despite its rural setting, Goughs Bay is only a short drive from Mansfield, which offers additional services, schools, and shopping options, ensuring that residents enjoy both the tranquility of country living and the convenience of nearby township facilities.
Household Makeup
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Local Internet Speeds
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Goughs Bay Real Estate Market Outlook
Thinking about buying in Goughs Bay? Now could not be a better time, with just 466 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $627,000 with prices in this suburb ranging from $75,000 to $1,305,000. The aproximate distance to the coast is 119 Km.
Consistent high demand relative to supply is a key feature in Goughs Bay 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 Goughs Bay 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 Goughs Bay 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 Goughs Bay 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 Goughs Bay 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 ValuationProperties for sale Goughs Bay
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174 Godwills Road, Goughs Bay, VIC, 3723 |  3 |
 1 |
 2 |
$2,700,000 - $2,850,000 |
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5 Bayside Bvd, Goughs Bay, VIC, 3723 | |
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$300,000 | |
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Unit 2, 55 Harbour Line Drive, Goughs Bay, VIC, 3723 | 2 |
1 |
0 |
$375,000 |
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65 Harbour Line Drive, Goughs Bay, VIC, 3723 | 2 |
1 |
1 |
$480,000 - $520,000 |
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109 Walshs Road, Goughs Bay, VIC, 3723 | 4 |
3 |
2 |
$1,650,000 |
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22 Bayside Bvd, Goughs Bay, VIC, 3723 | 3 |
2 |
2 |
775000 |
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3 Fossickers Trl, Goughs Bay, VIC, 3723 | 3 |
2 |
4 |
840000 |
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678 Piries-Goughs Bay Road, Goughs Bay, VIC, 3723 | 3 |
5 |
2 |
2395000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Goughs Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Goughs Bay 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
| Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
| Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
| Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
| May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
| Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
| Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
| Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
| Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
| Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
| Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
| Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
source: Australian Government Bureau of Meteorology
General Points of Interest
High Country Maze - Less than 5 KM
Nearby Suburbs
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