Cardigan Village Real Estate, VIC, 3352 Ballarat

Thinking about buying in Cardigan Village? Now could not be a better time, with just 227 residential dwellings it's a highly sought after location.

The average property price for this area is $708,000 with prices in this suburb ranging from $382,000 to $1,210,000.

Distance to the coast is 85 Km.

Cardigan Village Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Cardigan Village driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Cardigan Village 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 Village 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 Village 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 Village 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 Village a better buying opportunity than it may have been in the past.

About

For Sale

Buxton 9 DIAMOND DR, CARDIGAN VILLAGE, VIC, 3352 3 2 10 $1,750,000 - $1,850,000
McGrath 713 REMEMBRANCE DR, CARDIGAN VILLAGE, VIC, 3352 4 2 10 $1,250,000 - $1,325,000

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Local Schools


None within suburb boundary

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

Local Crime Stats


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology

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