Taradale, located in the Mount Alexander Shire of Victoria, is a picturesque and peaceful rural town that embodies the charm of country living. The housing market in Taradale is characterized by its mix of historic cottages, spacious family homes, and expansive rural properties, offering potential homeowners a diverse range of options. In recent years, the town has seen a subtle increase in property interest, driven by individuals and families looking to escape the hustle and bustle of city life while still enjoying reasonable access to urban amenities. The market remains relatively affordable compared to Victoria’s metropolitan areas, making it an attractive option for first-time buyers and retirees seeking tranquility and community spirit. The overall atmosphere is quiet, with properties often surrounded by lush greenery and breathtaking landscapes, adding to Taradale’s appeal.
Living in Taradale provides residents with a sense of community and a slower-paced lifestyle, which many find refreshing. The town is known for its friendly locals and active community groups, which often host events and activities that bring people together. Despite its small size, Taradale offers essential amenities such as a local primary school, general store, and post office, ensuring convenience for day-to-day living. For more extensive shopping, dining, and entertainment options, residents can easily access nearby towns such as Kyneton and Castlemaine. The natural beauty surrounding Taradale provides ample opportunities for outdoor activities such as hiking, cycling, and exploring the scenic landscapes. Overall, living in Taradale is ideal for those who value a tight-knit community, the serenity of nature, and a simple lifestyle.
| Median Weekly Rent | $275.00 |
| Median Monthly Mortgage | $1677.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 48.00 |
| Average Income | $693.00 |
| Average Cars Per Dwelling | 2.31 |
| Average Properties Within 50M | 3 |
| Typical 1 bed house | $666,000 |
| Typical 2 bed house | $1,027,000 |
| Typical 3 bed house | $965,000 |
| Typical 4 bed house | $1,082,000 |
| Typical 5 bed house | $889,000 |
| Typical 6 bed+ house | $889,000 |
Housing Stock
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Thinking about buying in Taradale? Now could not be a better time, with 522 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $902,000 with prices in this suburb ranging from $77,000 to $1,993,000. The aproximate distance to the coast is 85 Km.
In Taradale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Taradale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Taradale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Taradale 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 ValuationTaradale Primary School
Elphinstone Primary School
(While the above schools are located with the suburb of Taradale 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 | 17.8 | 33.7 | 20.0 | 71.3 | 4.3 | 26.7 |
| Feb | 1.8 | 17.2 | 31.3 | 26.8 | 76.1 | 4.1 | 23.4 |
| Mar | 2.9 | 14.1 | 27.7 | 31.4 | 82.3 | 3.7 | 18.4 |
| Apr | 1.0 | 9.7 | 23.3 | 37.4 | 88.3 | 2.9 | 14.6 |
| May | 1.2 | 5.7 | 18.1 | 47.6 | 94.9 | 2.9 | 10.7 |
| Jun | 1.7 | 3.7 | 14.3 | 59.9 | 97.9 | 2.7 | 8.6 |
| Jul | 1.4 | 3.4 | 13.5 | 60.6 | 97.8 | 3.0 | 8.8 |
| Aug | 1.4 | 3.0 | 14.7 | 52.8 | 97.4 | 3.1 | 11.7 |
| Sept | 1.4 | 5.0 | 18.9 | 41.7 | 93.8 | 3.5 | 16.7 |
| Oct | 1.5 | 8.4 | 23.8 | 31.8 | 88.5 | 3.6 | 21.7 |
| Nov | 2.2 | 12.1 | 27.5 | 24.9 | 83.2 | 4.0 | 25.3 |
| Dec | 1.7 | 15.4 | 31.1 | 20.2 | 74.8 | 4.1 | 28.5 |
source: Australian Government Bureau of Meteorology
| 02-09-2024 | $5,754,500 | 1281 Taradale Road |
| 24-02-2023 | $600,000 | 1130 Old Taradale Road |
| 22-02-2021 | $190,000 | 309 Westbrook Road |
| 27-09-2018 | $275,000 | 440 Old Taradale Road |
| 31-01-2017 | $50,650,000 | 440 Old Taradale Road |
| 21-04-2015 | $1,760,000 | 1281 Taradale Road |
| 25-07-2014 | $74,000 | 1405 Taradale Road |
| 21-05-2012 | $37,425,761 | 90 Westbrook Road |
| 21-05-2012 | $37,425,761 | 730 Old Taradale Road |
| 21-05-2012 | $37,425,761 | 90 Westbrook Road |
| 21-05-2012 | $37,425,761 | 730 Old Taradale Road |
| 28-06-2011 | $400,000 | 710 Taradale Road |
| 27-08-2010 | $13,170,000 | 440 Old Taradale Road |
| 16-12-2005 | $4,848,230 | 730 Old Taradale Road |
| 23-12-2003 | $11,854,520 | 440 Old Taradale Road |
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