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All About Princetown, Corangamite, VIC, 3269

Princetown, located in the Corangamite Shire of Victoria, is a quaint and picturesque town that offers a unique blend of tranquility and natural beauty. The housing market in Princetown is relatively accessible compared to larger urban areas, making it an attractive option for those seeking a peaceful lifestyle away from the hustle and bustle of city life. Properties in Princetown primarily consist of charming cottages and generous plots of land, often with stunning views of the surrounding landscapes. This makes it particularly appealing for retirees, families, or individuals looking for a serene retreat. With the Great Ocean Road and the iconic Twelve Apostles just a short drive away, residents have ample opportunities to engage in outdoor activities and enjoy breathtaking coastal scenery.

Living in Princetown offers a close-knit community atmosphere where neighbors often know each other by name, creating a warm and welcoming environment. The town is steeped in history and offers a slower pace of life, perfect for those wanting to escape the fast-paced routine of urban living. Residents have access to essential amenities, though for more extensive services, they might need to visit nearby towns. The natural surroundings provide numerous opportunities for hiking, fishing, and exploring, making it a haven for nature lovers. Overall, Princetown provides a peaceful and community-oriented living experience, surrounded by some of Victoria's most iconic natural attractions.

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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Princetown Real Estate Market Outlook

Thinking about buying in Princetown? Now could not be a better time, with just 176 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $789,000 with prices in this suburb ranging from $218,000 to $1,690,000. Princetown 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 Princetown 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 Princetown 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 Princetown 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 Princetown 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

Properties for sale Princetown

Nutrien Harcourts 2310 Princetown Road, Princetown, VIC, 3269 Beds14 Bathrooms10 Parking 10 $2,500,000
Properties for sale in Princetown

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Princetown 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.

Princetown 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
Jan1.514.722.055.088.25.822.8
Feb1.515.021.060.588.65.719.0
Mar1.514.119.859.688.95.715.0
Apr2.112.518.058.088.65.811.1
May3.310.815.758.787.66.57.7
Jun3.09.013.763.888.35.86.7
Jul3.68.313.261.287.47.17.0
Aug3.88.413.757.987.879.8
Sept2.99.415.554.487.26.813.9
Oct2.210.417.254.488.36.619.4
Nov1.511.618.655.687.46.620.2
Dec1.113.320.657.388.76.124.1

source: Australian Government Bureau of Meteorology




General Points of Interest


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