Porepunkah, a quaint township nestled in the Alpine Shire of Victoria, offers a distinctive blend of natural splendor and tranquil living that appeals to both homebuyers and investors. The housing market in Porepunkah has been relatively stable, reflecting the broader trends seen across regional Victoria, with a gradual increase in property values over the years. This steady growth is attributed to the town's picturesque setting and its proximity to popular tourist destinations like Mount Buffalo National Park and the renowned Victoria Alps. Home options in Porepunkah range from charming cottages to expansive family homes, catering to diverse preferences and budgets. While the market leans towards homebuyers seeking a peaceful lifestyle, there are opportunities for holiday rentals given the area's appeal to visitors year-round.
Living in Porepunkah is akin to enjoying a perpetual retreat, where the community is small yet welcoming, and the lifestyle is slow-paced and relaxed. Residents are spoiled with access to an abundance of outdoor activities, from hiking and mountain biking in the warmer months to skiing in the winter. The town itself offers necessary amenities like cozy cafes, local shops, and a primary school, making it ideal for families and retirees seeking a quieter life away from the bustle of city living. Moreover, the nearby town of Bright provides additional conveniences and services, ensuring residents have everything they need at a reasonable distance. Porepunkah fosters a strong sense of community, often hosting events and markets that bring people together, making it more than just a place to live, but a delightful lifestyle choice.
Median Weekly Rent | $382.50 |
Median Monthly Mortgage | $1625.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.50 |
Average Age | 44.50 |
Average Income | $810.00 |
Average Cars Per Dwelling | 2.21 |
Average Properties Within 50M | 5 |
Typical 1 bed house | $415,000 |
Typical 2 bed house | $672,000 |
Typical 3 bed house | $705,000 |
Typical 4 bed house | $2,980,000 |
Typical 5 bed house | $2,310,000 |
Typical 6 bed+ house | $1,274,000 |
Housing Stock
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Thinking about buying in Porepunkah? Now could not be a better time, with 709 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,806,000 with prices in this suburb ranging from $244,000 to $3,462,000. The aproximate distance to the coast is 155 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Porepunkah 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 Porepunkah 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. Medium density in Porepunkah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Porepunkah 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 Valuation5 Holmes Ct, Porepunkah, VIC, 3740 | $460,000 | ||||
Unit 10, 7055 Great Alpine Road, Porepunkah, VIC, 3740 | 2 | 1 | 1 | $429,000 | |
91 Station Street, Porepunkah, VIC, 3740 | 4 | 2 | 2 | $1,295,000 | |
Unit 12, 12A Bailey Street, Porepunkah, VIC, 3740 | 3 | 1 | 1 | $739,000 | |
6935 Great Alpine Road, Porepunkah, VIC, 3740 | 3 | 2 | 1 | $830,000 | |
7 Wood Street, Porepunkah, VIC, 3740 | $450,000 | ||||
11 Wood Street, Porepunkah, VIC, 3740 | $460,000 | ||||
94B Station Street, Porepunkah, VIC, 3740 | $430,000 |
Porepunkah Primary School
(While the above schools are located with the suburb of Porepunkah 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 | 4.1 | 8.5 | 17.0 | 44.3 | 82.7 | 6.2 | 25.9 |
Feb | 4.9 | 8.0 | 15.9 | 47.9 | 84.6 | 6.1 | 20.6 |
Mar | 5.1 | 6.0 | 13.0 | 56.0 | 87.6 | 7.2 | 16.4 |
Apr | 3.4 | 3.0 | 8.8 | 63.1 | 93.8 | 7.2 | 12.8 |
May | 4.0 | -0.4 | 4.4 | 69.9 | 95.4 | 7.2 | 9.1 |
Jun | 4.2 | -2.5 | 1.2 | 82.6 | 97.6 | 5.4 | 6.5 |
Jul | 4.6 | -3.6 | -0.2 | 87.2 | 98.4 | 4.0 | 6.0 |
Aug | 3.4 | -3.9 | 0.1 | 85 | 98.6 | 4.1 | 9.4 |
Sept | 4.9 | -1.4 | 4.1 | 68.2 | 97.3 | 5.8 | 15.7 |
Oct | 5.5 | 0.7 | 7.8 | 60.6 | 94.2 | 6.1 | 20.2 |
Nov | 4.7 | 4 | 12.0 | 46.5 | 90.0 | 6.8 | 24.7 |
Dec | 5.1 | 5.6 | 13.9 | 51.4 | 91.1 | 6.2 | 27.2 |
source: Australian Government Bureau of Meteorology
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