Myrtleford Real Estate, VIC, 3737 Alpine

Thinking about buying in Myrtleford? Now could not be a better time, with a whopping 2331 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $525,000 with prices in this suburb ranging from $98,000 to $3,862,000.

Distance to the coast is 172 Km.

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.

About

For Sale

First National 8 YARRAH PL, MYRTLEFORD, VIC, 3737 2 1 1 ESR $550,000 to $570,000
RayWhite 45 ELGIN ST, MYRTLEFORD, VIC, 3737 2 1 2 Under Offer

More

Local Schools


Myrtleford P-12 College

St Mary's School

Marian 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 Stats


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

Recently Sold

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!