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All About Picola, Moira, VIC, 3639

Picola, a small town nestled in the Shire of Moira, Victoria, offers a unique and peaceful lifestyle that appeals to those seeking a slower pace, away from the hustle and bustle of city life. The housing market in Picola is characterized by its affordability and opportunities for space, making it an attractive option for families and retirees. The typical homes in Picola are modest and often come with larger plots of land, which is perfect for those interested in gardening or simply enjoying the open space. While the market is not as competitive or fast-paced as in urban areas, the demand for rural and semi-rural properties has seen some increase, with more people looking to escape larger cities in favor of the calm and community-oriented living that Picola provides.

Living in Picola offers residents a charming, small-town experience with a strong sense of community. The town itself is quite rural, surrounded by beautiful landscapes and farmland, fostering a peaceful and serene environment. Being part of a close-knit community means that neighbors often know each other by name, and local events and gatherings help build lasting connections. While amenities are more limited compared to bigger towns, essential services and shops are available in the area, and the slightly larger towns nearby provide additional options. The simplicity of life in Picola, coupled with the natural beauty of the surrounding region, makes it an appealing place for those who appreciate nature and tranquility.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Picola Real Estate Market Outlook

Thinking about buying in Picola? Now could not be a better time, with just 215 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $300,000 with prices in this suburb ranging from $63,000 to $774,000. The aproximate distance to the coast is 190 Km.

Consistent high demand relative to supply is a key feature in Picola driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Picola 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 Picola 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 Picola 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 Picola 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 Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Picola there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Picola 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
Jan1.315.732.823.780.93.226.4
Feb0.615.331.426.381.62.923.5
Mar1.413.127.832.086.12.718.0
Apr1.59.523.141.392.62.113.3
May1.36.317.854.597.02.19.4
Jun1.53.914.266.798.71.97.6
Jul1.33.713.866.498.62.28.4
Aug13.81557.298.12.311.3
Sept1.05.618.747.297.52.416.2
Oct0.87.923.734.993.32.721.6
Nov0.810.727.32789.43.024.9
Dec1.313.530.721.681.53.228.1

source: Australian Government Bureau of Meteorology



Public Transport



Nearby Suburbs

Picola WestBarmahYielimaCummeragunjaNathaliaYalcaLower MoiraKotupnaWaaiaYambuna

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