Katunga Real Estate, VIC, 3640 Moira

Thinking about buying in Katunga? Now could not be a better time, with a whopping 554 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $411,000 with prices in this suburb ranging from $32,000 to $2,646,000.

Distance to the coast is 201 Km.

Katunga Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Katunga 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 Katunga due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Katunga changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Katunga 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 Katunga 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.


Properties For Sale

One Agency 283 KATUNGA NORTH RD, KATUNGA, VIC, 3640 3 1 2 Contact Agent

Local Schools

Katunga South Primary School

Katunga Primary School

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

Local Crime Rates

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

Internet Speed

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