All About Peterborough, Corangamite, VIC, 3270
Peterborough, situated in the Corangamite region of Victoria, is a charming coastal town that's been attracting attention in the housing market due to its unique blend of serene natural beauty and small-town charm. The housing market here reflects a diverse range of opportunities, from quaint beachside cottages to larger family homes, often featuring stunning ocean views. Prices have been relatively stable compared to urban centers, offering potential buyers an affordable entry point into home ownership along the iconic Great Ocean Road. The allure of living near the Twelve Apostles and the vibrant marine life of the area adds to its appeal, making it an attractive option for both retirees seeking a peaceful lifestyle and young families looking to escape city hustle.
Living in Peterborough provides residents with a close-knit community atmosphere where neighbors know each other and local events bring everyone together. The town offers a relaxed lifestyle centered around outdoor activities, with plenty of opportunities for surfing, fishing, and exploring the picturesque Port Campbell National Park nearby. The local community values sustainability and environmental preservation, adding a sense of purpose and belonging. Despite its small size, the town is equipped with essential amenities, while larger shopping and healthcare facilities can be found within a short drive. The balance of natural beauty, community spirit, and laid-back coastal living makes Peterborough a wonderful place to call home.
Household Makeup
| Median Weekly Rent | $265.00 |
| Median Monthly Mortgage | $1473.00 |
| Median Persons Per bed houseroom | 0.60 |
| Average Household Size | 2.00 |
| Average Age | 56.00 |
| Average Income | $810.00 |
| Average Cars Per Dwelling | 1.67 |
| Average Properties Within 50M | 9 |
| Typical 1 bed house | $439,000 |
| Typical 2 bed house | $562,000 |
| Typical 3 bed house | $708,000 |
| Typical 4 bed house | $726,000 |
| Typical 5 bed house | $1,886,000 |
| Typical 6 bed+ house | $1,430,000 |
Housing Stock
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Peterborough Real Estate Market Outlook
Thinking about buying in Peterborough? Now could not be a better time, with 537 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $711,000 with prices in this suburb ranging from $138,000 to $3,029,000. Peterborough is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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 Peterborough 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 Peterborough 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 Peterborough 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 Peterborough 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 ValuationHouses for sale Peterborough
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1 Napier Ct, Peterborough, VIC, 3270 |  |
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$380,000 - $400,000 | |
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8 Hamilton Street, Peterborough, VIC, 3270 | 3 |
2 |
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Stage 1: $680,000 & Stage 2: $980,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Peterborough there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Peterborough weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 11.8 | 25.0 | 45.8 | 92.2 | 5.3 | 24.9 |
| Feb | 1.2 | 12.6 | 24.6 | 49.2 | 93.0 | 5.2 | 20.5 |
| Mar | 1.7 | 11.2 | 22.9 | 50.9 | 94.1 | 5 | 15.7 |
| Apr | 2.0 | 9.4 | 19.9 | 54.6 | 95.0 | 4.8 | 11.5 |
| May | 2.7 | 7.6 | 16.3 | 64.8 | 95.8 | 5.1 | 8.4 |
| Jun | 2.7 | 5.6 | 13.9 | 71.4 | 97.4 | 5.1 | 7.2 |
| Jul | 3.0 | 5.6 | 13.4 | 71.5 | 97.3 | 5.9 | 7.3 |
| Aug | 2.8 | 5.8 | 14.2 | 65.1 | 95.8 | 5.9 | 10.1 |
| Sept | 2.7 | 6.9 | 16.2 | 62.0 | 96.5 | 5.8 | 14.2 |
| Oct | 2.2 | 7.8 | 18.4 | 58.8 | 95.6 | 5.4 | 18.9 |
| Nov | 1.5 | 9.2 | 20.4 | 54.2 | 94.8 | 5.4 | 21.8 |
| Dec | 1.6 | 10.6 | 22.6 | 50.7 | 94.3 | 5.4 | 25.4 |
source: Australian Government Bureau of Meteorology
Public Transport
Sherwood Park - Greater then 10KM
General Points of Interest
Peterborough Golf Course - Less than 5 KM
London Arch - Less than 10 KM
Falls of Halladale Memorial - Less than 5 KM
Nearby Suburbs
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