Rushworth, located in the Campaspe Shire of Victoria, offers a quaint and historical charm that appeals to those seeking a quieter lifestyle. The housing market in Rushworth is characterized by its affordability compared to larger urban areas, making it an attractive option for first-time homebuyers or retirees looking for a peaceful retreat. The town features a mix of historic homes and more modern residences, providing a range of choices for different tastes and budgets. As of the latest reports, the stability of property prices in Rushworth makes it a promising option for long-term investment, while still retaining the benefits of rural living.
Living in Rushworth offers a serene and community-focused environment. The town is rich in history, with heritage-listed buildings and a strong sense of community pride. Residents enjoy a slower pace of life, surrounded by natural attractions like the nearby Waranga Basin, which is perfect for weekend outings and recreational activities. The close-knit community vibe is bolstered by local events and markets, giving residents plenty of opportunities to socialize and engage. Despite its rural setting, Rushworth provides essential amenities and services, ensuring a comfortable and convenient lifestyle for its inhabitants.
Median Weekly Rent | $190.00 |
Median Monthly Mortgage | $954.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.00 |
Average Age | 58.00 |
Average Income | $496.00 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $465,000 |
Typical 2 bed house | $224,000 |
Typical 3 bed house | $454,000 |
Typical 4 bed house | $548,000 |
Typical 5 bed house | $382,000 |
Housing Stock
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Thinking about buying in Rushworth? Now could not be a better time, with 916 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $364,000 with prices in this suburb ranging from $61,000 to $3,345,000. The aproximate distance to the coast is 126 Km.
Consistent high demand relative to supply is a key feature in Rushworth 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 Rushworth 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 Rushworth 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Rushworth 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 Valuation4076A Bendigo-Murchison Road, Rushworth, VIC, 3612 | 2 | 1 | 2 | $490,000 - $530,000 |
St Mary's School
Rushworth P-12 College
(While the above schools are located with the suburb of Rushworth 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 | 1.3 | 15.7 | 32.8 | 23.7 | 80.9 | 3.2 | 26.4 |
Feb | 0.6 | 15.3 | 31.4 | 26.3 | 81.6 | 2.9 | 23.5 |
Mar | 1.4 | 13.1 | 27.8 | 32.0 | 86.1 | 2.7 | 18.0 |
Apr | 1.5 | 9.5 | 23.1 | 41.3 | 92.6 | 2.1 | 13.3 |
May | 1.3 | 6.3 | 17.8 | 54.5 | 97.0 | 2.1 | 9.4 |
Jun | 1.5 | 3.9 | 14.2 | 66.7 | 98.7 | 1.9 | 7.6 |
Jul | 1.3 | 3.7 | 13.8 | 66.4 | 98.6 | 2.2 | 8.4 |
Aug | 1 | 3.8 | 15 | 57.2 | 98.1 | 2.3 | 11.3 |
Sept | 1.0 | 5.6 | 18.7 | 47.2 | 97.5 | 2.4 | 16.2 |
Oct | 0.8 | 7.9 | 23.7 | 34.9 | 93.3 | 2.7 | 21.6 |
Nov | 0.8 | 10.7 | 27.3 | 27 | 89.4 | 3.0 | 24.9 |
Dec | 1.3 | 13.5 | 30.7 | 21.6 | 81.5 | 3.2 | 28.1 |
source: Australian Government Bureau of Meteorology
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