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Mount Wallace
VIC, 3342 - Moorabool

Thinking about buying in Mount Wallace? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,252,000 with prices in this suburb ranging from $446,000 to $3,857,000. The aproximate distance to the coast is 35 Km.

Household Makeup

Median Weekly Rent $321.67
Median Monthly Mortgage $1778.67
Median Persons Per Bedroom 0.77
Average Household Size 2.67
Average Age 45.33
Average Income $771.67
Average Cars Per Dwelling 2.68
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $1,092,000
2 Bed  $1,262,000
3 Bed  $866,000
4 Bed  $2,088,000
5 Bed  $1,766,000

Mount Wallace Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mount Wallace driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mount Wallace are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Mount Wallace provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Mount Wallace 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 Mount Wallace 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 Mount Wallace

RayWhite 4152 GEELONG-BALLAN RD, MOUNT WALLACE, VIC, 3342 Beds3 Bathrooms1 Parking 4 $1,799,000 - $1,969,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Mount Wallace 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.

Mount Wallace 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
Jan1.112.727.435.090.83.726.1
Feb4.812.926.339.591.63.420.8
Mar1.211.623.942.291.23.415.9
Apr1.39.319.848.994.13.311.8
May1.17.516.057.593.93.88.9
Jun1.65.213.065.795.53.67.4
Jul1.45.412.462.492.04.57.6
Aug1.25.013.059.493.13.99.7
Sept1.66.616.253.494.94.014.2
Oct1.87.318.749.996.23.819.6
Nov1.68.921.544.695.03.522.4
Dec1.010.625.037.693.43.725.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

FiskvilleBerembokeBungalGlenmoreMorrisonsDurdidwarrahInglistonMount EgertonStaughton ValeBallan

Public Transport


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