Boola Real Estate, VIC, NULL, Baw Baw

Thinking about buying in Boola? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.

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Housing Market Outlook

Consistent high demand relative to supply is a key feature in Boola 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 Boola 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 Boola 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 Boola 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 Boola 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.

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Local Schools

None within suburb boundary

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

Local Crime Stats


Nearby Suburbs

JACOB CREEKCOOPERS CREEKGLENGARRY WESTGLENGARRY NORTHMOONDARRATYERSERICARAWSONTOONGABBIEYALLOURN NORTH

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.213.427.939.290.44.323.6
Feb213.527.043.192.74.119.7
Mar1.811.824.446.192.73.814.5
Apr1.99.220.852.995.33.211.2
May1.86.217.059.495.33.48.5
Jun1.93.914.265.095.43.07.5
Jul1.94.114.062.895.23.77.5
Aug2.64.514.957.994.84.010.0
Sept2.46.117.651.194.04.314.2
Oct2.07.620.349.394.24.119
Nov2.39.422.847.694.04.321.5
Dec1.711.725.342.492.34.423.6

source: Australian Government Bureau of Meteorology