Georges Creek Real Estate, VIC, 3700, Towong

Thinking about buying in Georges Creek? Now could not be a better time, with just 35 residential dwellings it's a highly sought after location.

Distance to the coast is 198 Km. Search Residz

Housing Market Outlook

Good balance between suppy and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Georges Creek 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 Georges Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Georges Creek 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 Georges Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Nearby Suburbs

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Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.415.127.131.876.22.026.3
Feb3.414.025.240.479.51.721.9
Mar3.611.821.747.482.91.717.3
Apr3.18.716.655.685.71.713.3
May3.55.311.866.190.31.79.4
Jun4.63.28.675.996.31.77.3
Jul5.22.17.578.098.31.97.5
Aug3.92.28.668.396.82.010.2
Sept3.34.612.756.493.22.115
Oct2.88.217.846.987.52.020.6
Nov3.310.620.742.283.92.124.7
Dec3.312.423.337.981.72.126.5

source: Australian Government Bureau of Meteorology