Shady Creek
VIC, 3821 - Baw Baw

Thinking about buying in Shady Creek? Now could not be a better time, with just 100 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,034,000 with prices in this suburb ranging from $855,000 to $1,930,000. The aproximate distance to the coast is 47 Km.

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Shady Creek Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Shady Creek 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 Shady Creek 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 Shady Creek 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 Shady Creek 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 Shady Creek 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.

Properties for sale Shady Creek

Harcourts 13 WEBBS RD, SHADY CREEK, VIC, 3821 Beds4 Bathrooms2 Parking 1 Contact Agent

Local Schools

None within suburb boundary

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

Local Crime Rate

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We are currently collecting information for this location.

Shady Creek weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Buln Buln EastNilma NorthWillow GroveDarnumLillicoYarragonCrossoverTrafalgarBuln BulnNilma

Public Transport

General Points of Interest

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