Real Estate Magpie, VIC, 3352 Ballarat

Thinking about buying in Magpie? Now could not be a better time, with just 138 residential dwellings it's a highly sought after location.

The average property price for this area is $558,000 with prices in this suburb ranging from $377,000 to $692,000.

Distance to the coast is 67 Km.

Instant Valuation

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.

About

Household makeup

Median Weekly Rent $365.00
Median Monthly Mortgage $1733.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 41.00
Average Income $987.00
Average Cars Per Dwelling 3.37
Average Properties Within 50M 1.00

Typical Property Prices

4 Bed$1,501,157

Housing Stock

Houses for sale Magpie

Buxton 30 GUNNS LANE, MAGPIE, VIC, 3352 3 1 4 $880,000 - $920,000
Buxton 7698 MIDLAND HWY, MAGPIE, VIC, 3352 4 2 8 $1,595,000

Local Schools

Magpie Primary School

(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


Magpie weather - 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



Internet Speed

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

Cambrian HillMount HelenSebastopolScotchmans LeadMount ClearBonshawBuninyongMount PleasantRedanCanadian

Public Transport

Clunes - Greater then 10KM Ballarat - Less than 10 KM Creswick - Greater then 10KM Ballan - Greater then 10KM

General Points of Interest

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