Real Estate Miners Rest, VIC, 3352 Ballarat

Thinking about buying in Miners Rest? Now could not be a better time, with a whopping 1658 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $536,000 with prices in this suburb ranging from $119,000 to $1,016,000.

Distance to the coast is 79 Km.

Instant Valuation

Miners Rest Real Estate Market Outlook

In Miners Rest there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Miners Rest 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 Miners Rest 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Miners Rest 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 $349.40
Median Monthly Mortgage $1641.20
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 33.00
Average Income $1122.00
Average Cars Per Dwelling 3.03
Average Properties Within 50M 6.00

Typical Property Prices

3 Bed$606,379
4 Bed$651,979
6 Bed +$1,340,000

Housing Stock

Houses for sale Miners Rest

Barry Plant 14 SELWYN ST, MINERS REST, VIC, 3352 4 2 2 $640,000 - $670,000
Buxton 5 NEWMARKET TCE, MINERS REST, VIC, 3352 4 2 2 $655,000 - $670,000
Buxton 323 CUMMINS RD, MINERS REST, VIC, 3352 3 1 2 $1,900,000
Harcourts 16 WATERSIDE CL, MINERS REST, VIC, 3352 3 2 2 $575,000 - $595,000
Harcourts 10A SHARPES RD, MINERS REST, VIC, 3352 3 2 5 $595,000 - $640,000

Local Schools

Miners Rest Primary School

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

Local Crime Rate

Incidents Trend State Average


Miners Rest 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 Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

Mitchell ParkMount RowanBlowhardBald HillsSulkyWendoureeWindermereInvermayLake GardensInvermay Park

Public Transport

Clunes - Greater then 10KM Bullarto - Greater then 10KM Musk - Greater then 10KM Talbot - Greater then 10KM Beaufort - Greater then 10KM Ballarat - Greater then 10KM Daylesford - Greater then 10KM Creswick - Greater then 10KM

General Points of Interest

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