Thinking about buying in Koornalla? Now could not be a better time, with just 45 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $781,000 with prices in this suburb ranging from $203,000 to $1,375,000. The aproximate distance to the coast is 29 Km.
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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 Koornalla are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Koornalla provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Koornalla necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Koornalla 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.
1557 TRARALGON CREEK RD, KOORNALLA, VIC, 3844 | 8 | 4 | 5 | $1,900,000 |
Traralgon South Primary School
(While the above schools are located with the suburb of Koornalla 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 | 13.4 | 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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