Real Estate Tourello, VIC, 3363 Ballarat

Thinking about buying in Tourello? Now could not be a better time, with just 24 residential dwellings it's a highly sought after location.

Distance to the coast is 92 Km.

Instant Valuation

Tourello 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 Tourello 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 Tourello 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 Tourello necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Tourello 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

Household makeup

Median Weekly Rent $240.00
Median Monthly Mortgage $1400.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 41.00
Average Income $920.00
Average Cars Per Dwelling 2.94
Average Properties Within 50M 1.00

Housing Stock


Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Tourello 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
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



Internet Speed

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Nearby Suburbs

Coghills CreekGlendonaldAscotGlendaruelClunesCreswick NorthMount BoltonBlowhardLearmonthMount Beckworth

Public Transport

Clunes - Less than 10 KM Bullarto - Greater then 10KM Musk - Greater then 10KM Talbot - Greater then 10KM Maryborough - Greater then 10KM Beaufort - Greater then 10KM Ballarat - Greater then 10KM Daylesford - Greater then 10KM Creswick - Greater then 10KM

General Points of Interest

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