Watchem, a small town located in the Buloke Shire of Victoria, offers a unique and peaceful lifestyle for those looking to escape the hustle and bustle of larger cities. The housing market in Watchem is characterized by its affordability and charm. Homes here often reflect the traditional Australian style, with spacious plots of land and quaint, older properties. The real estate market in Watchem tends to attract buyers who are interested in rural living, either as a permanent residence or a vacation home. With property prices typically lower than in urban areas, Watchem presents an attractive option for families, retirees, or anyone looking to invest in property without breaking the bank.
Living in Watchem offers residents a strong sense of community and the simplicity of country life. The town, although small, provides essential amenities and services while fostering a tight-knit community spirit. It's an ideal location for those who enjoy outdoor activities, as the surrounding landscape is perfect for farming, hiking, and exploring nature. Residents appreciate the slower pace of life, where neighbors are friendly and the local community is supportive. The tranquility of Watchem, with its open spaces and peaceful surroundings, provides a refreshing contrast to the often hectic nature of city life, making it a desirable location for those looking to embrace a more relaxed lifestyle.
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Housing Stock
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Thinking about buying in Watchem? Now could not be a better time, with just 147 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $180,000 with prices in this suburb ranging from $30,000 to $277,000. The aproximate distance to the coast is 243 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Watchem 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 Watchem 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 Watchem 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Watchem 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 | 1.1 | 15.3 | 32.9 | 20.1 | 72.9 | 3.8 | 27.4 |
| Feb | 0.7 | 15.4 | 31.8 | 24.0 | 76.2 | 3.6 | 24.0 |
| Mar | 0.9 | 12.8 | 27.7 | 30.9 | 83.8 | 3.2 | 18.7 |
| Apr | 1.0 | 9.2 | 23.1 | 36.5 | 88.6 | 2.8 | 14.0 |
| May | 1.2 | 6.5 | 18.1 | 49.7 | 95.7 | 2.8 | 10.2 |
| Jun | 1.0 | 3.7 | 14.5 | 61.3 | 98.6 | 2.5 | 8.7 |
| Jul | 1.1 | 3.7 | 14.1 | 61.9 | 98.2 | 3.0 | 8.6 |
| Aug | 1.1 | 3.9 | 15.1 | 55.1 | 97.7 | 3.1 | 11.5 |
| Sept | 1.2 | 5.3 | 19.1 | 43.5 | 95.9 | 3.2 | 16.0 |
| Oct | 1.1 | 7.6 | 23.2 | 33.9 | 92.2 | 3.4 | 21.1 |
| Nov | 1.2 | 10.6 | 27.2 | 26.0 | 87.0 | 3.6 | 24.4 |
| Dec | 1.0 | 13.3 | 30.4 | 22.2 | 78.2 | 3.7 | 28.1 |
source: Australian Government Bureau of Meteorology
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