Meredith, situated in the picturesque region of Golden Plains in Victoria, offers a delightful blend of rural charm and accessibility. The housing market in Meredith provides a range of options from charming historic homes to more contemporary developments, catering to diverse preferences and budgets. Recently, Meredith has garnered interest from homebuyers seeking a more peaceful lifestyle away from the hustle and bustle of larger cities. Despite a generally steady market, prices have been experiencing modest growth due to increasing demand, making it an appealing investment for those looking to enjoy a tight-knit community while still being within reach of urban amenities in Geelong and Ballarat, both of which are conveniently located nearby.
Living in Meredith is defined by its tranquil, community-oriented lifestyle. The town offers a welcoming and friendly atmosphere where neighbors know each other and community events are common, fostering a strong sense of belonging. Residents enjoy the benefits of rural living with access to local produce, scenic landscapes, and abundant outdoor activities, yet they do not sacrifice accessibility to essential services and facilities. The convenient proximity to larger cities ensures that all the necessary amenities, from shopping centers to healthcare, are just a short drive away. Furthermore, Meredith's local events, like the popular Meredith Music Festival, add a cultural and vibrant touch to life in this charming locale.
Median Weekly Rent | $300.00 |
Median Monthly Mortgage | $1387.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 41.00 |
Average Income | $633.00 |
Average Cars Per Dwelling | 2.22 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $338,000 |
Typical 2 bed house | $619,000 |
Typical 3 bed house | $674,000 |
Typical 4 bed house | $1,373,000 |
Typical 5 bed house | $1,309,000 |
Typical 6 bed+ house | $952,000 |
Housing Stock
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Thinking about buying in Meredith? Now could not be a better time, with 556 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $697,000 with prices in this suburb ranging from $54,000 to $4,285,000. The aproximate distance to the coast is 30 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 Meredith 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 Meredith provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Meredith 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 Meredith 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 ValuationWestwind, 14 Creamery Road, Meredith, VIC, 3333 | 4 | 2 | 0 | $880,000 - $968,000 | |
2 Ballan-Meredith Road, Meredith, VIC, 3333 | 3 | 1 | 10 | $515,000-$529,000 | |
1123 Slate Quarry Road, Meredith, VIC, 3333 | 4 | 2 | 14 | $949,000 - $1,044,000 |
Meredith Primary School
(While the above schools are located with the suburb of Meredith 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 | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
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