All About Surf Beach, Bass Coast, VIC, 3922

Surf Beach, located in the picturesque Bass Coast of Victoria, is renowned for its stunning ocean views and tranquil atmosphere, making it an increasingly attractive location for home buyers and investors alike. The housing market in Surf Beach has seen a steady increase in demand, reflective of the broader trends in coastal real estate appeal. Properties in this area range from charming beachside cottages to modern family homes, often offering panoramic views of the ocean. This varied housing stock provides options for a range of budgets, though prices have been on the rise as more people seek the laid-back lifestyle that coastal living provides. Surf Beach's market is buoyed by its desirability as both a permanent residence and a holiday destination, appealing to those looking to escape the hustle and bustle of city life.

Living in Surf Beach offers residents a serene lifestyle surrounded by natural beauty, where the sound of crashing waves becomes a pleasing backdrop to daily life. Beyond the allure of the beach itself, the community is close-knit and welcoming, with local events and activities that foster a sense of camaraderie among residents. Outdoor enthusiasts are drawn to the area for its recreational opportunities, including surfing, fishing, and coastal hikes. The proximity to Phillip Island also means residents have easy access to additional amenities, attractions, and dining options. Moreover, despite its peaceful, removed setting, Surf Beach is still within a reasonable commuting distance to larger towns and Melbourne, making it a feasible choice for those who desire relaxation without sacrificing connectivity.

Surf Beach Real Estate Market Outlook

Thinking about buying in Surf Beach? Now could not be a better time, with 797 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $848,000 with prices in this suburb ranging from $245,000 to $2,604,000. Surf Beach is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Surf Beach 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 Surf Beach 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 Surf Beach 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 Surf Beach 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 Surf Beach 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

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Public Transport

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General Points of Interest

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