All About Yeodene, Colac Otway, VIC, 3249
Yeodene, located in the serene region of Colac Otway in Victoria, offers a distinctive rural lifestyle encapsulated with natural beauty and charm. The housing market in Yeodene is characterized by its affordability compared to urban areas, providing an appealing opportunity for those looking to escape the hustle and bustle of city life. The properties here range from charming country homes to expansive plots of land, appealing to families, retirees, and even young professionals seeking a quieter, yet fulfilling lifestyle. In recent years, the market has seen a gentle upward trend in property values, reflecting a growing interest in rural living and the area's scenic allure.
Living in Yeodene means embracing a close-knit community spirit amidst a backdrop of lush landscapes and tranquil surroundings. The locality offers a peaceful and slow-paced environment, ideal for nature enthusiasts, with nearby parks, walking trails, and the renowned Otway Ranges providing endless outdoor activities. Residents enjoy a simple yet enriching lifestyle, benefiting from the region's agricultural roots and local produce. Essential amenities and services are accessible in the nearby town of Colac, ensuring convenience without sacrificing the rural charm that defines Yeodene. It's a place where one can truly enjoy the best of both worlds—nature's tranquility and community warmth.
Household Makeup
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Housing Stock
Local Internet Speeds
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Yeodene Real Estate Market Outlook
Thinking about buying in Yeodene? Now could not be a better time, with just 104 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $950,000 with prices in this suburb ranging from $183,000 to $1,757,000. The aproximate distance to the coast is 24 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 Yeodene 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 Yeodene 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 Yeodene 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Yeodene there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Yeodene 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 | 1.2 | 12.9 | 26.5 | 36.8 | 95.4 | 6.4 | 24.9 |
| Feb | 0.9 | 13.3 | 25.5 | 42.3 | 95.6 | 6.5 | 20.8 |
| Mar | 1.1 | 12.2 | 23.2 | 44.6 | 94.3 | 6.3 | 16.1 |
| Apr | 1.4 | 10.0 | 19.0 | 53.1 | 95.9 | 6.2 | 11.7 |
| May | 1.6 | 7.9 | 15.0 | 66.9 | 96.5 | 6.6 | 8.7 |
| Jun | 1.7 | 6 | 12.2 | 76.5 | 97.3 | 6.2 | 7.2 |
| Jul | 1.9 | 5.5 | 11.8 | 76.4 | 97.8 | 7.6 | 7.3 |
| Aug | 1.9 | 5.3 | 12.4 | 69.3 | 97.2 | 7.7 | 10.2 |
| Sept | 2.0 | 6.7 | 14.9 | 63.3 | 97.2 | 7.3 | 14.3 |
| Oct | 1.8 | 7.9 | 17.7 | 57.9 | 96.1 | 7.1 | 19.3 |
| Nov | 1.6 | 9.3 | 20.6 | 50.7 | 97.7 | 6.6 | 22.0 |
| Dec | 1.2 | 11.0 | 23.9 | 41.7 | 96.4 | 6.6 | 25.6 |
source: Australian Government Bureau of Meteorology
Public Transport
Birregurra - Less than 10 KM
General Points of Interest
Birregurra Golf Club - Less than 10 KM
Nearby Suburbs
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