Real Estate Wychitella, VIC, 3525 Loddon

Thinking about buying in Wychitella? Now could not be a better time, with just 30 residential dwellings it's a highly sought after location.

The average property price for this area is $348,000 with prices in this suburb ranging from $319,000 to $378,000.

Distance to the coast is 204 Km.

Instant Valuation

Wychitella Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Wychitella 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 Wychitella 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 Wychitella 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 Wychitella 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 Wychitella 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 $125.00
Median Monthly Mortgage $520.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 48.00
Average Income $487.00
Average Cars Per Dwelling 2.29
Average Properties Within 50M 1.00

Housing Stock


Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average


Wychitella 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
Jan1.115.332.920.172.93.827.4
Feb0.715.431.824.076.23.624.0
Mar0.912.827.730.983.83.218.7
Apr1.09.223.136.588.62.814.0
May1.26.518.149.795.72.810.2
Jun1.03.714.561.398.62.58.7
Jul1.13.714.161.998.23.08.6
Aug1.13.915.155.197.73.111.5
Sept1.25.319.143.595.93.216.0
Oct1.17.623.233.992.23.421.1
Nov1.210.627.226.087.03.624.4
Dec1.013.330.422.278.23.728.1

source: Australian Government Bureau of Meteorology



Internet Speed

Fixed Wireless

Satellite


Nearby Suburbs

Wychitella NorthWoolshed FlatBuckrabanyuleSkinners FlatKorong ValeTerrappeeMysiaWoosangBarrakeeBorung


General Points of Interest

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!