Trafalgar, located in the Baw Baw Shire of Victoria, Australia, presents a unique housing market characterized by its blend of rural charm and increasing demand from those looking to escape the bustling city life. The town is experiencing gradual growth, with more people recognizing it as a viable alternative to larger, more expensive cities. The housing market here has witnessed a steady appreciation in recent years, buoyed by an influx of families and individuals seeking affordable yet spacious homes. With a variety of properties ranging from older charmers to newer developments, buyers have a decent range to choose from, although competition can still be present. The median house prices remain relatively more affordable compared to urban centers like Melbourne, making it an attractive option for first-time homebuyers and retirees alike.
Living in Trafalgar offers residents a peaceful lifestyle surrounded by picturesque landscapes, including views of the Strzelecki Ranges and proximity to beautiful natural attractions like Mount Baw Baw. The community spirit is strong, with a friendly atmosphere where neighbors know each other, fostering a welcoming and cohesive environment. Everyday convenience is catered for with essential amenities such as schools, a train station, and shopping facilities in place, yet the town still retains a laid-back, rural charm. Trafalgar is an appealing locale for those who appreciate a slower pace of life without completely detaching from urban accessibility, as it offers a reasonable commute to larger towns and cities, ensuring residents enjoy the best of both worlds.
Median Weekly Rent | $302.08 |
Median Monthly Mortgage | $1443.17 |
Median Persons Per bed houseroom | 0.73 |
Average Household Size | 2.33 |
Average Age | 44.92 |
Average Income | $719.33 |
Average Cars Per Dwelling | 2.13 |
Average Properties Within 50M | 8 |
Typical 1 bed house | $503,000 |
Typical 2 bed house | $484,000 |
Typical 3 bed house | $652,000 |
Typical 4 bed house | $871,000 |
Typical 5 bed house | $1,047,000 |
Typical 6 bed+ house | $721,000 |
Housing Stock
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Thinking about buying in Trafalgar? Now could not be a better time, with 2435 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $636,000 with prices in this suburb ranging from $168,000 to $7,735,000. The aproximate distance to the coast is 50 Km.
In Trafalgar 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. Incomes in Trafalgar are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Trafalgar 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. Lower than average population density constrains growth in Trafalgar to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationSt Joseph's School
Trafalgar High School
Trafalgar Primary School
(While the above schools are located with the suburb of Trafalgar 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 | 1.8 | 19.1 | 33.7 | 21.9 | 66.6 | 5.2 | 26.9 |
Feb | 1.4 | 18.6 | 32.3 | 27.1 | 70.6 | 4.9 | 23.1 |
Mar | 0.9 | 16.6 | 28.8 | 29.8 | 75.3 | 4.4 | 19.3 |
Apr | 0.3 | 13.5 | 26.4 | 29.0 | 74.7 | 3.5 | 16.2 |
May | 0.5 | 9.0 | 21.0 | 35.0 | 83.4 | 3.2 | 12.8 |
Jun | 0.7 | 6.7 | 17.8 | 39.9 | 87.7 | 3.2 | 10.9 |
Jul | 0.7 | 5.3 | 17.4 | 38.3 | 89.5 | 3.5 | 11.8 |
Aug | 0.7 | 7.0 | 19.6 | 31.6 | 83.2 | 3.9 | 14.3 |
Sept | 0.3 | 8.5 | 23.1 | 23.2 | 74.6 | 4.1 | 20.4 |
Oct | 0.6 | 12.9 | 27.6 | 20.4 | 69.1 | 4.5 | 24.5 |
Nov | 0.7 | 15.2 | 30.2 | 18.1 | 64.6 | 4.8 | 28.3 |
Dec | 0.3 | 17.7 | 33.1 | 16.7 | 62.1 | 5.1 | 29.1 |
source: Australian Government Bureau of Meteorology
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