All About Marshall, Greater Geelong, VIC, 3216

As of the latest assessments in 2023, the housing market in Marshall, a suburb within Greater Geelong, Victoria, reflects a growing interest from both investors and homebuyers. This burgeoning appeal is driven by the suburb's affordability compared to larger urban centers like Melbourne, alongside its potential for growth and development. Marshall offers a variety of housing options, ranging from detached family homes to modern townhouses, catering to diverse preferences and budgets. In recent years, Marshall has witnessed a steady increase in property values, a testament to its burgeoning popularity and the broader national trend of rising real estate prices. The local government's investment in infrastructure and amenities, including improved transportation links, has further heightened the area's attractiveness, offering residents both convenience and a promising investment opportunity.

Living in Marshall provides residents with a blend of suburban tranquility and accessible urban amenities, making it an appealing location for families, professionals, and retirees alike. The community benefits from its proximity to central Geelong, offering a balance of peaceful residential life with easy access to shopping, dining, and entertainment facilities. The recent enhancements to public transportation, particularly the train services from Marshall Train Station to Melbourne and Geelong CBD, make commuting efficient for those working in the city. The locality is enriched with parks, recreational areas, and schools, fostering a tight-knit community atmosphere. Moreover, the scenic coastlines nearby offer recreational opportunities for outdoor enthusiasts. Overall, Marshall presents a well-rounded lifestyle, combining comfort, convenience, and a sense of community, making it a desirable place to live in the Greater Geelong area.

Marshall Real Estate Market Outlook

Thinking about buying in Marshall? Now could not be a better time, with 1357 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $720,000 with prices in this suburb ranging from $287,000 to $1,417,000. Marshall is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 Marshall 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 Marshall provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Marshall requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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