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Mount Alexander Shire, VIC

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Mount Alexander Shire is a local government area in Central Victoria. The local property market is made up of rural properties and small towns. The residential real estate is in demand due to relative proximity to the Greater Melbourne market. The prices for properties in the area are increasing as more and more people are moving to the area.

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The shire’s main industry is agriculture, with wheat, sheep, and cattle farming being the predominant activities. There is also some mining and forestry.

Professionals (23.8 %), Managers (14.3 %), Technicians and Trades Workers (13.8 %), Labourers (13.1 %), and Community and Personal Service Workers (11.5 %) are the most frequent jobs in Mount Alexander. In Mount Alexander, the typical weekly personal income for residents aged 15 years and older is $550.

If you’re looking to invest in property in Mount Alexander Shire, there are a few things you should keep in mind.

Firstly, make sure you do your research and understand the area you’re investing in. Mount Alexander Shire is a beautiful part of Victoria, but it’s important to make sure that the area you’re investing in is growing or has potential to grow, as property values can vary depending on the suburb

Another thing to keep in mind is your budget. It’s important to be realistic about how much you can afford to spend on a property, and to make sure you’re not stretching yourself too thin. Don’t forget to factor in things like property taxes, insurance and maintenance costs, as these can add up quickly.

Lastly, it’s very important to risk assess the local sub-markets before you make an investment decision. Use the interactive dashboard below to understand which suburbs are best positioned for growth in Mount Alexander.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

Property Market in Mount Alexander Shire, VIC

What other property markets are there near Mount Alexander Shire, VIC?

Mount Alexander Shire is surrounded by 4 other council areas – Loddon, Greater Bendigo, Mitchell, Hepburn.

Suburbs/localities in this Local Government Area: Glenluce 3451, Gower 3451, Green Gully 3462, Guildford 3451, Harcourt 3453, Irishtown 3451, Joyces Creek 3364, Barfold 3444, Baringhup 3463, Baringhup West 3463, Barkers Creek 3451, Langley 3444, Maldon 3463, Mckenzie Hill 3451, Metcalfe 3448, Metcalfe East 3444, Moolort 3465, Muckleford 3451, Muckleford South 3462, Neereman 3463, Newstead 3462, Nuggetty 3463, Ravenswood 3453, Ravenswood South 3453, Redesdale 3444, Sandon 3462, Strangways 3461, Strathlea 3364, Sutton Grange 3448, Taradale 3447, Tarilta 3451, Tarrengower 3463, Vaughan 3451, Walmer 3463, Welshmans Reef 3462, Werona 3364, Yandoit Hills 3461, Yapeen 3451, Golden Point 3451, Moonlight Flat 3450, Bradford 3463, Campbells Creek 3451, Campbelltown 3364, Carisbrook 3464, Castlemaine 3450, Chewton 3451, Chewton Bushlands 3451, Drummond North 3446, Elphinstone 3448, Faraday 3451, Franklinford 3461, Fryerstown 3451

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