Molka, located within the picturesque Strathbogie region of Victoria, offers a unique and tranquil lifestyle for those looking to escape the hustle and bustle of city life. The housing market in Molka reflects this serene rural environment, characterized by spacious properties, often featuring large acreages and charming country-style homes. Prices in Molka tend to be more affordable compared to urban areas, making it an attractive option for families and retirees seeking a more relaxed pace of life. The region has seen a modest increase in demand, partly due to the trend of people relocating from cities in search of a peaceful and sustainable lifestyle, which has kept the market relatively steady without dramatic price surges.
Living in Molka encompasses enjoying the stunning natural beauty of the Strathbogie Ranges and engaging in a connected community lifestyle. Residents benefit from the close-knit community spirit, where neighborly bonds are strong, and local events are well-attended, reflecting the communal ethos. Despite its rural setting, Molka is conveniently located within driving distance of larger towns like Euroa and Shepparton, providing easy access to a broader array of services, shopping, and entertainment. The lifestyle in Molka is ideal for those who appreciate outdoor activities, such as hiking, cycling, and exploring the abundant wildlife, offering a peaceful retreat with the promise of scenic beauty and a simpler, yet fulfilling, way of life.
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Thinking about buying in Molka? Now could not be a better time, with just 33 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,173,000 with prices in this suburb ranging from $535,000 to $4,260,000. The aproximate distance to the coast is 127 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. 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 Molka 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 Molka 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Molka 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Molka 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 | 0.9 | 15.6 | 32.8 | 22.1 | 77.2 | 4.7 | 27.1 |
Feb | 1.6 | 15.6 | 30.8 | 29.0 | 82.0 | 4.2 | 23.4 |
Mar | 1.7 | 12.7 | 26.7 | 34.4 | 85.5 | 3.9 | 18.8 |
Apr | 1.4 | 9.2 | 22.8 | 41.7 | 92.2 | 3.0 | 13.6 |
May | 1.1 | 5.6 | 17.5 | 54.0 | 96.5 | 3.0 | 9.9 |
Jun | 1.3 | 3.5 | 14.1 | 65.0 | 98.5 | 2.7 | 8.1 |
Jul | 1.5 | 3.9 | 13.3 | 66.8 | 98.4 | 3.3 | 8.2 |
Aug | 1.2 | 3.7 | 14.7 | 57.0 | 97.8 | 3.4 | 11.3 |
Sept | 1.1 | 5.5 | 18.4 | 46.7 | 95.7 | 3.7 | 16.0 |
Oct | 1.0 | 8 | 22.8 | 36.5 | 91.2 | 4.0 | 21.7 |
Nov | 0.9 | 11.2 | 27.0 | 26.5 | 86.9 | 4.4 | 24.8 |
Dec | 1.1 | 13.8 | 30.2 | 22.3 | 80.3 | 4.6 | 27.1 |
source: Australian Government Bureau of Meteorology
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