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All About Kinglake West, Murrindindi, VIC, 3757

Kinglake West, located in the Murrindindi Shire of Victoria, offers a tranquil, rural lifestyle that attracts those looking for a respite from the bustle of city living. The housing market in Kinglake West is characterized by a combination of charming rustic homes, spacious lots, and modern developments. This area provides a range of property types, including standalone houses and occasional acreage, which are generally more affordable compared to urban centers like Melbourne. This affordability, combined with its scenic surroundings, has made Kinglake West an appealing option for first-time homebuyers and families seeking larger living spaces. The market sees steady interest, primarily due to its close-knit community vibe and the appeal of a natural setting.

Living in Kinglake West offers residents a peaceful and community-oriented environment, surrounded by lush forests and scenic views of the Great Dividing Range. The town promotes an outdoor lifestyle, with plenty of opportunities for hiking, biking, and exploring the nearby Kinglake National Park. Despite its rural atmosphere, Kinglake West provides essential amenities and services, with larger shopping facilities and schools located within a reasonable distance. This balance of tranquility and convenience makes it a desirable location for those who appreciate nature and seek a slower-paced life without completely disconnecting from modern conveniences. The community spirit is strong, with local events and initiatives fostering a sense of belonging among residents. Overall, Kinglake West combines the best of rural living with the benefits of accessibility to larger towns and cities.

Household Makeup

Median Weekly Rent $376.50
Median Monthly Mortgage $2284.83
Median Persons Per bed houseroom 0.87
Average Household Size 3.00
Average Age 42.33
Average Income $806.17
Average Cars Per Dwelling 2.74
Average Properties Within 50M 2
Typical 1 bed house$852,000
Typical 2 bed house$864,000
Typical 3 bed house$978,000
Typical 4 bed house$1,238,000
Typical 5 bed house$1,376,000
Typical 6 bed+ house$1,218,000

Housing Stock

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Kinglake West Real Estate Market Outlook

Thinking about buying in Kinglake West? Now could not be a better time, with 650 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $945,000 with prices in this suburb ranging from $236,000 to $3,039,000. The aproximate distance to the coast is 38 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Kinglake West 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 Kinglake West 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 Kinglake West 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 Kinglake West 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

Houses for sale Kinglake West

Stone Real Estate 2 Scott Avenue, Kinglake West, VIC, 3757 Beds4 Bathrooms2 Parking 4 $685,000 - $750,000
Properties for sale in Kinglake West

Local Schools

Kinglake West Primary School

(While the above schools are located with the suburb of Kinglake West 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.

Kinglake West 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
Jan1.612.626.337.492.86.625.2
Feb1.512.925.441.993.86.320.9
Mar1.811.521.949.094.46.116.5
Apr1.79.417.657.094.25.912.1
May2.06.812.968.996.26.48.8
Jun2.55.010.178.998.46.47.3
Jul2.24.29.480.298.77.07.4
Aug2.24.210.571.098.16.810.2
Sept2.45.913.661.595.56.814.8
Oct2.07.316.956.695.36.719.1
Nov2.49.220.449.296.16.222.6
Dec1.611.023.841.194.76.326.0

source: Australian Government Bureau of Meteorology



Public Transport


General Points of Interest


Nearby Suburbs

Pheasant CreekHumevaleKinglake CentralStrathewenKinglakeArthurs CreekWhittleseaSt AndrewsHazeldeneYan Yean

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