VIC, 3352 - Ballarat

Thinking about buying in Magpie? Now could not be a better time, with just 139 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $977,000 with prices in this suburb ranging from $542,000 to $1,844,000. The aproximate distance to the coast is 66 Km.

Household Makeup

Median Weekly Rent $275.00
Median Monthly Mortgage $1300.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 42.00
Average Income $585.00
Average Cars Per Dwelling 1.89
Average Properties Within 50M 1

Housing Stock

Average Property Prices

3 Bed  $841,000
4 Bed  $1,047,000
5 Bed  $621,000

Magpie Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Magpie 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 Magpie 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 Magpie 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 Magpie 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 Magpie

Buxton 115 AUBREYS RD, MAGPIE, VIC, 3352 Beds3 Bathrooms2 Parking 5 $1,195,000 - $1,250,000
Buxton 30 GUNNS LANE, MAGPIE, VIC, 3352 Beds3 Bathrooms1 Parking 4 $780,000 - $820,000

Local Schools

Magpie Primary School

Ballarat Steiner School

St James' School

Damascus College

Emmaus Catholic Primary School

Mount Clear Primary School

Sebastopol Primary School

Mount Clear College

Ballarat Christian College

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

Magpie weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Cambrian HillMount HelenSebastopolScotchmans LeadMount ClearBonshawBuninyongMount PleasantRedanCanadian

Public Transport

General Points of Interest

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