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All About Warncoort, Colac Otway, VIC, 3243

Warncoort, located in the picturesque Colac Otway region of Victoria, offers a serene blend of country living with the charm of a close-knit community. The housing market here is characterized by its affordability and variety, attracting both families and retirees looking for a peaceful lifestyle. Properties in Warncoort tend to feature larger blocks of land compared to urban areas, allowing for spacious homes and gardens. The market remains relatively stable, with modest appreciation over the years, making it an attractive option for those considering investment in rural real estate or a permanent move away from the bustling city life.

Living in Warncoort provides residents with the benefit of tranquil, rural surroundings while still being accessible to essential amenities. The community is friendly and supportive, with a strong emphasis on local activities and gatherings. Being part of the Colac Otway Shire, residents enjoy proximity to natural attractions such as the Otway Ranges and the Great Ocean Road, offering ample opportunities for exploration and outdoor adventures. With local schools, shops, and other services located conveniently in nearby Colac, Warncoort offers a balanced lifestyle where the beauty of nature and the convenience of modern life come together harmoniously.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

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Warncoort Real Estate Market Outlook

Thinking about buying in Warncoort? Now could not be a better time, with just 135 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,151,000 with prices in this suburb ranging from $654,000 to $2,404,000. The aproximate distance to the coast is 28 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Warncoort 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 Warncoort 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 Warncoort 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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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Warncoort there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

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Warncoort 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
Jan1.212.926.536.895.46.424.9
Feb0.913.325.542.395.66.520.8
Mar1.112.223.244.694.36.316.1
Apr1.410.019.053.195.96.211.7
May1.67.915.066.996.56.68.7
Jun1.7612.276.597.36.27.2
Jul1.95.511.876.497.87.67.3
Aug1.95.312.469.397.27.710.2
Sept2.06.714.963.397.27.314.3
Oct1.87.917.757.996.17.119.3
Nov1.69.320.650.797.76.622.0
Dec1.211.023.941.796.46.625.6

source: Australian Government Bureau of Meteorology



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