Real Estate Fumina, VIC, 3825 Baw Baw

Thinking about buying in Fumina? Now could not be a better time, with just 19 residential dwellings it's a highly sought after location.

Distance to the coast is 65 Km.

Instant Valuation

Fumina Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Fumina driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Fumina due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Fumina 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 Fumina 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 Fumina 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.

About

Household makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M 1.00

Housing Stock


Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Fumina 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
Jan2.28.417.246.289.24.023.5
Feb3.98.416.751.192.03.319.7
Mar4.16.213.562.294.83.215.6
Apr4.83.99.868.195.43.711.8
May4.61.25.970.795.04.08.4
Jun4.9-0.93.275.397.23.07.4
Jul7-1.61.981.497.13.36.9
Aug6.4-1.92.578.598.43.78.9
Sept6.8-0.25.965.496.24.213.5
Oct4.72.410.257.293.43.918.5
Nov5.34.112.356.293.94.021.7
Dec5.06.415.052.791.93.923.8

source: Australian Government Bureau of Meteorology



Internet Speed

Satellite


Nearby Suburbs

Icy CreekVesperNeerim NorthFumina SouthTanjil BrenNeerim EastNeerim JunctionHill EndNeerimNoojee

Public Transport

Moe - Greater then 10KM Walhalla - Greater then 10KM Warragul - Greater then 10KM Longwarry - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Greater then 10KM Bunyip - Greater then 10KM Drouin - Greater then 10KM

General Points of Interest

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