All About Underbool, Mildura, VIC, 3509
Underbool, a small town in the Mildura region of Victoria, offers a unique and tranquil lifestyle that is becoming increasingly appealing to those looking to escape the hustle and bustle of city living. The housing market in Underbool reflects its rural charm, often featuring more affordable prices compared to urban centers. Properties here typically range from modest family homes to larger blocks of land, providing ample space for gardens or hobby farming. This affordability, coupled with the close-knit community atmosphere, makes Underbool an attractive option for first-time homebuyers or retirees seeking a peaceful environment.
Living in Underbool offers a distinct blend of rural simplicity and warmth, with a strong sense of community at its core. The town is surrounded by vast agricultural landscapes, providing residents with striking views and a serene backdrop for daily life. Essential amenities are available within the town or in neighboring areas, ensuring a convenient yet laid-back lifestyle. The community often comes together for local events and gatherings, fostering a supportive and friendly atmosphere. Overall, Underbool is an ideal spot for those who appreciate the calm and connectedness of rural living while enjoying the beautiful landscapes of the Mildura region.
Household Makeup
| Median Weekly Rent | $150.00 |
| Median Monthly Mortgage | $403.00 |
| Median Persons Per bed houseroom | 0.60 |
| Average Household Size | 2.00 |
| Average Age | 51.00 |
| Average Income | $790.00 |
| Average Cars Per Dwelling | 1.87 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | |
| Typical 2 bed house | $215,000 |
| Typical 3 bed house | $207,000 |
| Typical 4 bed house | $433,000 |
| Typical 5 bed house |
Housing Stock
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Underbool Real Estate Market Outlook
Thinking about buying in Underbool? Now could not be a better time, with just 250 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $249,000 with prices in this suburb ranging from $86,000 to $460,000. The aproximate distance to the coast is 216 Km.
Consistent high demand relative to supply is a key feature in Underbool 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 Underbool 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 Underbool 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. 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 Underbool 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 ValuationHouses for sale Underbool
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15 Westh Street, Underbool, VIC, 3509 |  3 |
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Under Offer |
Local Schools
Underbool Primary School
(While the above schools are located with the suburb of Underbool there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Underbool weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1 | 16.5 | 34.0 | 19 | 66.9 | 4.6 | 27.9 |
| Feb | 0.8 | 16 | 32.6 | 22.6 | 72.3 | 4.4 | 24.7 |
| Mar | 0.4 | 13.9 | 29.1 | 26.3 | 75.5 | 3.9 | 19.1 |
| Apr | 1.0 | 11.0 | 23.9 | 34.7 | 81.8 | 3.5 | 14.6 |
| May | 0.5 | 7.9 | 19.1 | 44.1 | 88.8 | 3.5 | 10.8 |
| Jun | 0.7 | 5.7 | 15.5 | 54.4 | 93.6 | 3.5 | 9.2 |
| Jul | 0.6 | 5.1 | 15.5 | 52.8 | 91.9 | 3.9 | 9.8 |
| Aug | 0.6 | 5.2 | 17.2 | 42.1 | 89.4 | 3.6 | 12.2 |
| Sept | 0.5 | 6.6 | 21.4 | 29.7 | 85.2 | 4.0 | 17.1 |
| Oct | 0.7 | 9.6 | 25.7 | 25.0 | 79.8 | 4.2 | 21.6 |
| Nov | 0.5 | 12.6 | 29.3 | 20.6 | 74.1 | 4.3 | 26.1 |
| Dec | 1.0 | 14.5 | 31.5 | 19.3 | 68.8 | 4.5 | 28.9 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Underbool Golf Course - Less than 5 KM
Nearby Suburbs
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