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Myrtleford
VIC, 3737 - Alpine

Thinking about buying in Myrtleford? Now could not be a better time, with 2366 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $563,000 with prices in this suburb ranging from $80,000 to $1,183,000.

Distance to the coast is 171 Km.

Household Makeup

Median Weekly Rent $251.44
Median Monthly Mortgage $1390.22
Median Persons Per Bedroom 0.71
Average Household Size 2.22
Average Age 50.44
Average Income $671.89
Average Cars Per Dwelling 1.98
Average Properties Within 50M 7

Average Property Prices

1 Bed $231,000
2 Bed $531,000
3 Bed $504,000
4 Bed $770,000
5 Bed $770,000

Myrtleford Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Myrtleford driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Myrtleford 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 Myrtleford 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. Lower than average population density constrains growth in Myrtleford 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 Myrtleford 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.

Housing Stock

Houses for sale Myrtleford

Century 21 24 ODONNELL AV, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms2 CONTACT AGENT
Century 21 136 BUFFALO CREEK RD, MYRTLEFORD, VIC, 3737 Beds5 Bathrooms2 Parking 4 $1,900,000
Ray White 2 GEOFFREY ST, MYRTLEFORD, VIC, 3737 Beds2 Bathrooms1 Parking 3 580000
Ray White 3 HEATHER GR, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms1 Parking 5 499000
Ray White 5 HEATHER GR, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms1 Parking 2 385000
Ray White 12 RAYNER ST, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms1 Parking 2 590000
Ray White 13 MACAULAY GR, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms1 Parking 0 455000
Ray White UNIT 1, 6 THOMAS ST, MYRTLEFORD, VIC, 3737 Beds6 Bathrooms5 Parking 2 850000
Ray White 14 THOMAS ST, MYRTLEFORD, VIC, 3737 Beds0 Bathrooms0 Parking 0 338000
Ray White 4 DISHER AV, MYRTLEFORD, VIC, 3737 Beds3 Bathrooms2 Parking 3 775000
Ray White 5 SANDERSON RISE, MYRTLEFORD, VIC, 3737 Beds4 Bathrooms2 Parking 2 850000

Local Schools

Marian College

St Mary's School

Myrtleford P-12 College

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

Myrtleford 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
Jan1.314.333.418.278.23.627.2
Feb1.114.131.523.684.13.223.3
Mar2.011.827.632.490.02.718.4
Apr1.17.222.639.394.22.314.3
May1.64.517.453.098.02.110.0
Jun1.52.413.963.698.62.18.2
Jul23.413.264.698.32.78.0
Aug1.72.914.256.998.12.811.2
Sept1.54.31847.297.62.816.1
Oct1.56.421.939.896.22.921.3
Nov1.39.526.327.590.23.425.0
Dec1.812.430.819.683.03.627.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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