Snake Valley, located in the picturesque Pyrenees region of Victoria, Australia, offers a unique blend of rural charm and accessibility. The housing market in Snake Valley is characterized by its appeal to those seeking a more affordable and relaxed lifestyle compared to urban centers. The area features a mix of traditional cottages and modern homes that reflect its quaint, laid-back atmosphere. Property prices are generally lower than in nearby cities, making it an attractive location for first-time homebuyers and retirees looking to escape the hustle and bustle. Recently, there has been a slight increase in demand as more people look to relocate for a lifestyle change, but the market remains relatively stable with ample opportunities for investment.
Living in Snake Valley is described as peaceful and community-oriented. The town offers the best of country living with its close-knit community, beautiful landscapes, and a slower-paced lifestyle. Residents enjoy easy access to outdoor activities like hiking and fishing in the scenic Pyrenees hills and surrounding natural reserves. Despite its rural setting, Snake Valley provides essential amenities including local shops, schools, and healthcare facilities, and is just a short drive to the larger city of Ballarat for additional services and entertainment options. The lifestyle here is ideal for those who value tranquility, natural beauty, and a strong sense of community, making Snake Valley a charming place to call home.
Median Weekly Rent | $272.50 |
Median Monthly Mortgage | $1235.00 |
Median Persons Per bed houseroom | 0.85 |
Average Household Size | 2.50 |
Average Age | 42.00 |
Average Income | $555.50 |
Average Cars Per Dwelling | 2.38 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $356,000 |
Typical 2 bed house | $547,000 |
Typical 3 bed house | $522,000 |
Typical 4 bed house | $628,000 |
Typical 5 bed house | $614,000 |
Typical 6 bed+ house |
Housing Stock
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Thinking about buying in Snake Valley? Now could not be a better time, with just 500 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $570,000 with prices in this suburb ranging from $60,000 to $1,503,000. The aproximate distance to the coast is 83 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 Snake Valley 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 Snake Valley 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 Snake Valley 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 Snake Valley 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 Valuation804 Linton-Carngham Road, Snake Valley, VIC, 3351 | 3 | 1 | 1 | $445,000 - $455,000 | |
59 Brumbys Lane, Snake Valley, VIC, 3351 | 5 | 2 | 2 | $749,990 - $779,990 |
None within suburb boundary
(While the above schools are located with the suburb of Snake Valley 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 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
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