Real Estate Cardigan Village, 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.

Instant Valuation

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

Household makeup

Median Weekly Rent $328.50
Median Monthly Mortgage $1884.50
Median Persons Per Bedroom 0.85
Average Household Size 3.50
Average Age 29.00
Average Income $1068.00
Average Cars Per Dwelling 3.20
Average Properties Within 50M 5.00

Typical Property Prices

3 Bed$1,708,050
4 Bed$970,113
5 Bed$1,215,769

Housing Stock

Houses for sale Cardigan Village

Buxton 9 MAXWELL ST, CARDIGAN VILLAGE, VIC, 3352 4 2 10 $1,345,000 - $1,375,000
Buxton 8 LEONIE CT, CARDIGAN VILLAGE, VIC, 3352 4 2 8 $995,000 - $1,090,000
Harcourts 3 ALISTAIR ST, CARDIGAN VILLAGE, VIC, 3352 4 2 2 $949,000 - $990,000
McGrath 713 REMEMBRANCE DR, CARDIGAN VILLAGE, VIC, 3352 4 2 10 $1,250,000 - $1,325,000

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 Rate

Incidents Trend State Average


Cardigan Village 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
Jan1.311.827.429.591.95.825.9
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



Internet Speed

Fixed Wireless

Satellite


Nearby Suburbs

CardiganWindermereBo PeepMitchell ParkLucasBunkers HillBurrumbeetHaddonMiners RestAlfredton

Public Transport

Clunes - Greater then 10KM Talbot - Greater then 10KM Beaufort - Greater then 10KM Ballarat - Greater then 10KM Creswick - Greater then 10KM

General Points of Interest

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