Scotchmans Lead Real Estate, VIC, 3352, Ballarat

Thinking about buying in Scotchmans Lead? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location.

Distance to the coast is 64 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. High average incomes in Scotchmans Lead ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Scotchmans Lead 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 Scotchmans Lead 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 Scotchmans Lead 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 Scotchmans Lead there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Nearby Suburbs

MAGPIECAMBRIAN HILLNAPOLEONSBUNINYONGDURHAM LEADMOUNT HELENMOUNT CLEARSEBASTOPOLGARIBALDIBONSHAW

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology