Bo Peep
VIC, 3351 - Ballarat

Thinking about buying in Bo Peep? Now could not be a better time, with just 11 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $534,000 with prices in this suburb ranging from $534,000 to $534,000. The aproximate distance to the coast is 84 Km.

Household Makeup

Median Weekly Rent $250.00
Median Monthly Mortgage $1444.33
Median Persons Per Bedroom 0.80
Average Household Size 2.67
Average Age 46.67
Average Income $742.67
Average Cars Per Dwelling 2.42
Average Properties Within 50M 1

Housing Stock

Average Property Prices

Bo Peep Real Estate Market Outlook

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 Bo Peep 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 Bo Peep 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. Lower than average population density constrains growth in Bo Peep to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Bo Peep 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.

Houses for sale Bo Peep

PRD 870 SMARTS HILL RD, BO PEEP, VIC, 3351 Beds3 Bathrooms1 Parking 1 Auction Friday 8th March @ 2pm

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bo Peep 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.

Bo Peep weather - Average Local Climate by month

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Max (°C)
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source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Cardigan VillageHaddonCardiganBurrumbeetBunkers HillCarnghamWindermereHillcrestNintingboolLucas

Public Transport

General Points of Interest

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