VIC, 3816 - Baw Baw

Thinking about buying in Modella? Now could not be a better time, with just 85 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,395,000 with prices in this suburb ranging from $729,000 to $2,238,000. The aproximate distance to the coast is 17 Km.

Household Makeup

Median Weekly Rent $210.00
Median Monthly Mortgage $1733.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 41.00
Average Income $635.00
Average Cars Per Dwelling 2.63
Average Properties Within 50M 1

Housing Stock

Average Property Prices

3 Bed  $1,430,000
4 Bed  $1,495,000
5 Bed  $1,016,000

Modella Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Modella due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Modella 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 Modella necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Modella we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Modella a better buying opportunity than it may have been in the past.

Houses for sale Modella

BarryPlant 2740 KOO WEE RUP-LONGWARRY RD, MODELLA, VIC, 3816 Beds4 Bathrooms2 Parking 6 Price Guide: $990,000 - $1,089,000

Local Schools

Ripplebrook Primary School

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

Modella weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

IonaRipplebrookCataniVervaleHeath HillLongwarryBunyipYannathanDrouin SouthAthlone

Public Transport

General Points of Interest

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