VIC, 3352 - Ballarat

Thinking about buying in Cardigan? Now could not be a better time, with 760 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,011,000 with prices in this suburb ranging from $256,000 to $2,305,000. The aproximate distance to the coast is 78 Km.

Household Makeup

Median Weekly Rent $352.33
Median Monthly Mortgage $1836.33
Median Persons Per Bedroom 0.80
Average Household Size 3.33
Average Age 30.00
Average Income $1020.67
Average Cars Per Dwelling 2.37
Average Properties Within 50M 5

Housing Stock

Average Property Prices

2 Bed  $1,065,000
3 Bed  $765,000
4 Bed  $1,067,000
5 Bed  $1,274,000
6 Bed+$1,177,000

Cardigan Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Cardigan driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cardigan are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Cardigan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Cardigan to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cardigan we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cardigan a better buying opportunity than it may have been in the past.

Houses for sale Cardigan

Buxton 45 LAUNCHLEY DR, CARDIGAN, VIC, 3352 Beds4 Bathrooms2 Parking 2 $2,300,000
Buxton 67 WINDERMERE WAY, CARDIGAN, VIC, 3352 Beds Bathrooms $545,000

Local Schools

Siena Catholic Primary School

St Thomas More School

Alfredton Primary School

Yuille Park P-8 Community College

(While the above schools are located with the suburb of Cardigan 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.

Cardigan weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Cardigan VillageLucasBunkers HillMitchell ParkBo PeepWindermereAlfredtonHaddonWinter ValleyLake Gardens

Public Transport

General Points of Interest

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