Great Western, located in the Northern Grampians of Victoria, is a charming village known for its picturesque landscapes and renowned wineries. The housing market in Great Western reflects its rural charm and steady demand from those looking to escape the hustle and bustle of city life. Properties here range from historic homes and farmhouses to more contemporary residences, often surrounded by sprawling fields and vineyards. The affordability of homes in Great Western compared to larger urban centers makes it an attractive destination for families, retirees, and those seeking a quieter lifestyle. Despite its rural setting, the housing market benefits from a strong sense of community, with prospective buyers often interested in the lifestyle this village offers as much as the properties themselves.
Living in Great Western provides a peaceful and community-oriented lifestyle, enriched by the natural beauty and cultural heritage of the area. Residents enjoy a close-knit atmosphere where local events, like the annual Great Western Cup horse race and community markets, foster a sense of belonging and connection. The surrounding region offers ample opportunities for outdoor activities, such as hiking in the Grampians National Park and exploring local vineyards. Moreover, the area’s rich viticultural history is evident, with well-known wineries offering tastings and tours that add to the town's allure. While the amenities of larger towns are a short drive away, the tranquility and slower pace of life in Great Western offer a unique blend of rural charm and modern convenience, making it an inviting place to call home.
Median Weekly Rent | $200.00 |
Median Monthly Mortgage | $1277.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 53.00 |
Average Income | $674.00 |
Average Cars Per Dwelling | 1.82 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $396,000 |
Typical 2 bed house | $453,000 |
Typical 3 bed house | $446,000 |
Typical 4 bed house | $600,000 |
Typical 5 bed house | $651,000 |
Typical 6 bed+ house | $383,000 |
Housing Stock
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Thinking about buying in Great Western? Now could not be a better time, with just 339 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $422,000 with prices in this suburb ranging from $80,000 to $1,037,000. The aproximate distance to the coast is 131 Km.
Consistent high demand relative to supply is a key feature in Great Western 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 Great Western due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Great Western leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Great Western 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 Great Western 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 Valuation23-25 Cubitt Street, Great Western, VIC, 3374 | 3 | 2 | 4 | $769,000 | |
102 Main Street, Great Western, VIC, 3374 | 3 | 1 | 3 | $370,000 - $380,000 |
Great Western Primary School
(While the above schools are located with the suburb of Great Western 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 | 1.2 | 13.7 | 29.8 | 24.1 | 81.2 | 4.3 | 27.0 |
Feb | 0.9 | 13.8 | 28.4 | 29.2 | 82.4 | 4.2 | 23.1 |
Mar | 0.7 | 12.0 | 25.1 | 34.1 | 84.8 | 3.8 | 18.0 |
Apr | 1.0 | 9.2 | 20.5 | 41.8 | 89.5 | 3.3 | 13.1 |
May | 1.7 | 6.8 | 16.0 | 54.4 | 94.2 | 3.2 | 9.3 |
Jun | 1.7 | 4.7 | 13.0 | 64.2 | 96.5 | 3.0 | 7.7 |
Jul | 1.8 | 4.3 | 12.3 | 64.0 | 96.5 | 3.5 | 7.7 |
Aug | 1.6 | 4.6 | 13.5 | 56.2 | 95.5 | 3.5 | 10.8 |
Sept | 1.6 | 6.2 | 16.6 | 47.4 | 93.2 | 3.6 | 15.3 |
Oct | 1.0 | 8.1 | 20.9 | 37.9 | 88.5 | 3.9 | 20.7 |
Nov | 1.1 | 10.0 | 23.8 | 32.4 | 87.2 | 4.0 | 23.6 |
Dec | 1.0 | 11.9 | 27.1 | 27.2 | 82.3 | 4.1 | 26.6 |
source: Australian Government Bureau of Meteorology
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