Thinking about buying in Myrtleford? Now could not be a better time, with 2366 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $563,000 with prices in this suburb ranging from $80,000 to $1,183,000. The aproximate distance to the coast is 171 Km.

Myrtleford Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Myrtleford 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 Myrtleford 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 Myrtleford 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 Myrtleford 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 Myrtleford 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 Myrtleford

	24 ODONNELL AV, MYRTLEFORD, VIC, 3737	3	2		CONTACT AGENT
	136 BUFFALO CREEK RD, MYRTLEFORD, VIC, 3737	5	2	4	$1,900,000
	17 SWINBURNE ST, MYRTLEFORD, VIC, 3737	3	1	2	499000
	13 MACAULAY GR, MYRTLEFORD, VIC, 3737	3	1	0	399000
	UNIT 1, 6 THOMAS ST, MYRTLEFORD, VIC, 3737	6	5	2	850000
	5 SANDERSON RISE, MYRTLEFORD, VIC, 3737	4	2	2	800000
	9 GREENS LANE, MYRTLEFORD, VIC, 3737	4	2	7	1370000

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General Points of Interest

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