Nambrok, a quaint locality in Wellington, Victoria, offers a unique snapshot of the housing market, characterized by its rural charm and community-centric atmosphere. The housing market here is relatively stable, with properties generally more affordable compared to the bustling urban centers. Buyers can find a range of options from cozy family homes to larger rural properties, often featuring expansive plots of land. This accessibility makes it particularly attractive to first-time homebuyers or those looking to escape the hustle and bustle of city life. Additionally, the area's serene environment combined with its accessibility to nearby regional hubs makes it a balanced choice for both investors and residents seeking a more tranquil lifestyle.
Living in Nambrok is akin to being part of a close-knit community where the pace of life is relaxed and governed by the rhythms of nature. The area boasts picturesque landscapes, with ample opportunities for outdoor activities such as hiking, fishing, and bird-watching. Residents enjoy a peaceful lifestyle, complemented by the genuine warmth and friendliness of the community. Despite its rural setting, Nambrok is conveniently connected to larger towns like Sale, offering essential amenities and services within easy reach. The community spirit, combined with the natural beauty of the area, makes Nambrok an appealing place to call home for those who appreciate a quieter, country lifestyle.
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Thinking about buying in Nambrok? Now could not be a better time, with just 148 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $790,000 with prices in this suburb ranging from $497,000 to $1,062,000. The aproximate distance to the coast is 39 Km.
Consistent high demand relative to supply is a key feature in Nambrok driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Nambrok are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Nambrok 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. Lower than average population density constrains growth in Nambrok 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 Nambrok 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 ValuationNambrok Denison Primary School
(While the above schools are located with the suburb of Nambrok 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 | 1.0 | 13.8 | 26.9 | 41.6 | 92.3 | 4.7 | 24.2 |
Feb | 2.0 | 14.1 | 25.9 | 48.1 | 94.2 | 4.6 | 20.4 |
Mar | 1.4 | 12.3 | 24.1 | 47.7 | 94.1 | 4.2 | 16.0 |
Apr | 1.4 | 9.3 | 20.7 | 51.1 | 95.7 | 3.7 | 12.3 |
May | 1.3 | 6.1 | 17.7 | 53.1 | 94.6 | 3.9 | 8.8 |
Jun | 1.6 | 3.8 | 14.6 | 61.6 | 96.8 | 3.7 | 7.7 |
Jul | 1.3 | 3.8 | 14.6 | 55.1 | 94.9 | 4.3 | 8.0 |
Aug | 1.5 | 4.3 | 15.3 | 52.7 | 95.1 | 4.5 | 10.5 |
Sept | 1.3 | 5.4 | 18.2 | 46.5 | 95.7 | 4.6 | 14.8 |
Oct | 1.6 | 7.7 | 19.6 | 46.6 | 94.3 | 4.7 | 20.2 |
Nov | 2.2 | 10.2 | 22.1 | 45.4 | 93.9 | 4.9 | 22.8 |
Dec | 1.6 | 12.2 | 25.1 | 42.4 | 92.3 | 5.0 | 25.8 |
source: Australian Government Bureau of Meteorology
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