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Welshmans Reef
VIC, 3462 - Mount Alexander

Thinking about buying in Welshmans Reef? Now could not be a better time, with just 306 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $720,000 with prices in this suburb ranging from $167,000 to $1,226,000. The aproximate distance to the coast is 109 Km.

Household Makeup

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

Housing Stock

Average Property Prices

Welshmans Reef Real Estate Market Outlook

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 Welshmans Reef 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 Welshmans Reef 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. Medium density in Welshmans Reef necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Welshmans Reef 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.

Properties for sale Welshmans Reef

Belle Property 471 maldon-newstead rd, welshmans reef, vic, 3462 Beds Bathrooms $165,000
Professionals 10 trudgeons rd, welshmans reef, vic, 3462 Beds3 Bathrooms1 Parking 3 $625,000 - $645,000

Local Schools

Newstead Primary School

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Welshmans Reef 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
Jan1.412.730.625.181.84.327.8
Feb1.313.429.928.182.73.923.5
Mar2.011.626.634.387.33.518.3
Apr0.97.821.642.291.53.013.8
May1.54.516.354.896.22.89.8
Jun4.93.413.365.898.02.57.9
Jul2.13.212.267.497.42.67.3
Aug1.6313.857.595.53.010.9
Sept1.43.617.447.495.63.015.6
Oct1.65.820.742.593.93.321.9
Nov1.98.524.535.591.73.524.6
Dec1.011.228.826.682.93.728.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

NewsteadJoyces CreekParkins ReefTarrengowerGowerMaldonGreen GullyMuckleford SouthMoolortMuckleford

Public Transport


General Points of Interest

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