Mystic Park, a serene locality in the Gannawarra Shire of Victoria, offers a unique blend of rural charm and community-oriented living. The housing market in Mystic Park is characterized by its affordability and the availability of spacious properties, which are quite appealing to families and individuals seeking a more tranquil lifestyle. Many of the homes here are set on larger blocks of land compared to urban centers, providing residents with ample space for gardens, outdoor activities, and a sense of privacy that is often hard to find in more densely populated areas. The real estate market in Mystic Park is relatively stable, with modest growth over the years, making it an attractive option for those looking to invest in property without the pressure of rapid price increases common in larger cities.
Living in Mystic Park is synonymous with enjoying the tranquility and natural beauty of the Victorian countryside. The area is surrounded by lush landscapes, rich farmlands, and is not far from the Murray River, offering numerous opportunities for outdoor recreation and leisure activities such as fishing, hiking, and picnicking. The community is tight-knit and welcoming, with local events and gatherings that foster a strong sense of belonging among residents. Despite its rural setting, Mystic Park is within reasonable driving distance to larger towns where one can access schools, healthcare, shopping, and other essential services. Overall, life in Mystic Park combines the benefits of rural living with the convenience of being connected to larger urban amenities.
Median Weekly Rent | $200.00 |
Median Monthly Mortgage | $1083.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 55.00 |
Average Income | $575.00 |
Average Cars Per Dwelling | 2.34 |
Average Properties Within 50M | 2 |
Typical 1 bed house | |
Typical 2 bed house | $401,000 |
Typical 3 bed house | $443,000 |
Typical 4 bed house | $480,000 |
Housing Stock
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Thinking about buying in Mystic Park? Now could not be a better time, with just 129 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $413,000 with prices in this suburb ranging from $160,000 to $659,000. The aproximate distance to the coast is 262 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 Mystic Park 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 Mystic Park 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 Mystic Park 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 Valuation88 Gorton Drive, Mystic Park, VIC, 3579 | 4 | 1 | $375,000 |
None within suburb boundary
(While the above schools are located with the suburb of Mystic Park 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 | |
---|---|---|---|---|---|---|---|
Aug | 0.7 | 3.9 | 16.6 | 42.2 | 92.6 | 4.4 | 12.3 |
Sept | 0.9 | 5.4 | 20.8 | 31.1 | 88.8 | 4.6 | 17.1 |
Oct | 0.9 | 8.5 | 25.0 | 25 | 83.8 | 4.5 | 21.7 |
Nov | 0.9 | 11.6 | 28.5 | 20.4 | 78.0 | 4.8 | 24.9 |
Dec | 0.8 | 14.6 | 31.8 | 16.2 | 69.4 | 4.9 | 28.6 |
Jan | 0.8 | 16.3 | 34.0 | 16.1 | 67.3 | 4.7 | 28.2 |
Feb | 0.6 | 16.0 | 32.3 | 21.6 | 71.5 | 4.5 | 24.2 |
Mar | 0.7 | 13.6 | 28.6 | 25.9 | 76.6 | 4.1 | 19.3 |
Apr | 0.9 | 9.7 | 24.0 | 31.7 | 82.5 | 3.7 | 14.7 |
May | 0.9 | 6.8 | 19 | 42.9 | 90.9 | 3.9 | 10.8 |
Jun | 0.8 | 4.2 | 15.2 | 54.6 | 95.0 | 3.6 | 9.0 |
Jul | 0.7 | 3.0 | 15.0 | 50.1 | 94.4 | 4.2 | 9.3 |
source: Australian Government Bureau of Meteorology
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