All About Tanjil South, Baw Baw, VIC, 3825

Tanjil South, nestled in the Baw Baw region of Victoria, offers a unique blend of rural tranquility and close-knit community living. The housing market in this area is characterized by a variety of options, primarily featuring charming country homes and spacious properties. Compared to urban centers, the real estate market here tends to be more affordable, making it an attractive option for families and individuals seeking a peaceful lifestyle away from the hustle and bustle. The demand for properties is moderate, ensuring a stable market environment, although interest is gradually increasing as more people discover the charm of rural living. The properties often come with ample land, offering great potential for gardening, hobby farming, or simply enjoying the scenic landscapes.

Living in Tanjil South is akin to stepping into a serene rural retreat. The community is small and tight-knit, which fosters a welcoming and supportive atmosphere for residents. The area is surrounded by lush greenery and offers ample outdoor activities, such as hiking and exploring the nearby Baw Baw National Park. Life here moves at a slower pace, allowing residents to enjoy a higher quality of life with clean air and open spaces. Local amenities might be limited, but the nearby towns provide essential services and shopping options. Tanjil South is ideal for those who appreciate nature and a quiet lifestyle while still having access to broader regional amenities.

Tanjil South Real Estate Market Outlook

Thinking about buying in Tanjil South? Now could not be a better time, with just 295 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,251,000 with prices in this suburb ranging from $563,000 to $3,071,000. The aproximate distance to the coast is 57 Km.

Consistent high demand relative to supply is a key feature in Tanjil South 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 Tanjil South due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Tanjil South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Tanjil South 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 Tanjil South 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.

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