Koonoomoo, located in the Moira Shire of Victoria, offers a serene and rural lifestyle, appealing to those who seek solace away from bustling city life. The housing market in Koonoomoo is characterized by its affordability and space, making it an attractive option for families and individuals looking to settle in a close-knit community. Properties in Koonoomoo typically include larger land parcels, which provide ample room for gardening, hobby farming, or simply enjoying the expansive countryside. The market is relatively stable, with moderate fluctuations, providing potential homeowners a level of financial security. The combination of affordability and space makes Koonoomoo appealing to retirees and first-home buyers alike who value a peaceful environment.
Living in Koonoomoo offers a unique blend of tranquility and small-town charm. The community is friendly and welcoming, with residents often coming together for local events and activities. The town is surrounded by beautiful natural landscapes, including the nearby Murray River, which offers opportunities for fishing, boating, and picnicking. Despite its rural setting, Koonoomoo is within a reasonable distance to larger towns, providing access to necessary amenities and services without losing its quiet atmosphere. The lifestyle here is slow-paced, where one can enjoy the simplicity and beauty of nature, making it an ideal place for those looking to escape the fast-paced demands of urban living.
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Thinking about buying in Koonoomoo? Now could not be a better time, with just 156 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $622,000 with prices in this suburb ranging from $282,000 to $968,000. The aproximate distance to the coast is 218 Km.
Consistent high demand relative to supply is a key feature in Koonoomoo 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 Koonoomoo 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 Koonoomoo 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 Koonoomoo 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 Koonoomoo 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 ValuationTocumwal Public School
Sacred Heart Primary School
(While the above schools are located with the suburb of Koonoomoo 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 | 1.3 | 16 | 33.5 | 21.7 | 75.9 | 4.2 | 27.4 |
Feb | 2.1 | 16 | 31.7 | 28.0 | 81.3 | 3.6 | 23.4 |
Mar | 1.3 | 13.3 | 28.0 | 32.0 | 83.8 | 3.5 | 19.1 |
Apr | 1.3 | 9.7 | 23.2 | 40.3 | 90.0 | 3.0 | 14.4 |
May | 1.0 | 6.0 | 18.0 | 53.2 | 95.8 | 2.8 | 10.4 |
Jun | 1.2 | 3.7 | 14.2 | 66.4 | 96.7 | 2.6 | 8.3 |
Jul | 1.5 | 3.8 | 13.8 | 66.9 | 97.6 | 3.0 | 8.7 |
Aug | 1.3 | 3.5 | 15.2 | 57.0 | 95.6 | 3.0 | 11.8 |
Sept | 1.4 | 5.1 | 18.9 | 46.4 | 95.6 | 3.4 | 16.3 |
Oct | 1.0 | 7.6 | 24.1 | 34 | 92.8 | 3.5 | 21.5 |
Nov | 1.4 | 11.3 | 28.0 | 26.8 | 87.4 | 3.9 | 25.0 |
Dec | 1.8 | 14.2 | 31.3 | 22.4 | 79.3 | 4.0 | 28.3 |
source: Australian Government Bureau of Meteorology
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