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Budgeree
VIC, 3870 - Latrobe (Vic.)

Thinking about buying in Budgeree? Now could not be a better time, with just 83 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $741,000 with prices in this suburb ranging from $252,000 to $1,495,000. The aproximate distance to the coast is 25 Km.

Household Makeup

Median Weekly Rent $468.25
Median Monthly Mortgage $1488.75
Median Persons Per Bedroom 0.70
Average Household Size 2.50
Average Age 50.00
Average Income $704.50
Average Cars Per Dwelling 2.48
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $251,000
3 Bed  $601,000
4 Bed  $767,000
5 Bed  $1,186,000

Budgeree Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Budgeree 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 Budgeree provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Budgeree necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Budgeree 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.

Houses for sale Budgeree

Firstnational 1005 WHITELAWS TRK, BUDGEREE, VIC, 3870 Beds4 Bathrooms2 Parking 3 $599,000

Local Schools

None within suburb boundary

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

Budgeree 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
Jan1.213.427.939.290.44.323.6
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


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

JumbukYinnar SouthGrand RidgeBoolarra SouthBoolarraJeeralang JunctionYinnarJeeralangMirbooChurchill

Public Transport


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