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Northern Grampians Shire, VIC

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The Shire of Northern Grampians is a local government area in Victoria’s Wimmera region. The property market in this area is composed of mostly agricultural land and rural residences. The prices for property in this area vary depending on the size and location of the lot, as well as the condition of the property. Properties that are closer to the larger towns and cities tend to be more expensive.

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Agriculture, tourism, wine production, gold mining, brick manufacture, and meat production all contribute to the local economy.

Managers account for 19.0 % of employment in Northern Grampians, whereas Labourers account for 17.4 %, Community and Personal Service Workers account for 14.2 %, Professionals account for 11.9 %, and Technicians and Trades Workers account for 11.8 %. Northern Grampians residents aged 15 years and older have a median weekly personal income of $513.

In Northern Grampians, 92.3 % of privately inhabited residences are detached houses, 1.9 % are semi-detached, row or terrace houses, townhouses, etc., 3.5 % are flats or apartments, and 1.2 % are other housing.

If you’re looking to invest in property in the Northern Grampians Shire, Victoria, there are a few things you need to keep in mind. firstly, it’s important to do your research and find an area that is in demand, has good infrastructure and is expected to see economic growth in the future. The Northern Grampians Shire is a great option for property investment, as it ticks all of these boxes.

Additionally, the LGA is well-known for its stunning natural scenery, which is another draw for potential buyers.

When looking for a property to invest in, it’s important to think about what you can afford and what will give you the best return on your investment. Properties in the Northern Grampians Shire are typically quite affordable, so this is a great option if you’re on a budget. However, keep in mind that the area is seeing increasing demand, so prices are likely to rise in the future.

Compare the Northern Grampians suburbs using the interactive dashboard below.

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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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GRC chart
Fundamentals
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unit to houses pie charts
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Hold chart
Demand

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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 Northern Grampians Shire, VIC

What other property markets are there near Northern Grampians Shire, VIC?

Northern Grampians Shire is surrounded by 7 other council areas – Ararat, Loddon, Buloke, Horsham, Yarriambiack, Southern Grampians, Pyrenees.

How many people live in Northern Grampians Shire, VIC?

There are approximately 11000 people living in roughly 6000 dwellings in total, with an average household size of 2.2.

What major retailers are there in Northern Grampians Shire, VIC?

The main retail centres are BL Choc, Perry’s Footwear, Newton’s Butchers.

What is the main industry in Northern Grampians Shire, VIC?

Such sectors as Health Care and Social Assistance, Agriculture, Forestry and Fishing, Manufacturing, Retail Trade, Accommodation and Food Services make up the largest part of the employment.

What are the dominant demographic groups in Northern Grampians Shire, VIC?

Among approximately 11000 people in Northern Grampians Shire males and females make roughly 49% and 51% respectively. The median age of people is 48 years. Children aged 0-14 years account for approximately 15% of the population, and those aged 65+ years account for 25%.

How is unemployment rate trending in Northern Grampians Shire, VIC?

Among approximately 5000 people employed, roughly 55% work full-time, 33% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Glenorchy 3385, Gooroc 3477, Gowar East 3477, Grays Bridge 3477, Gre Gre 3477, Gre Gre North 3477, Gre Gre South 3477, Greens Creek 3387, Halls Gap 3381, Illawarra 3381, Joel Joel 3384, Joel South 3384, Kanya 3387, Banyena 3388, Kooreh 3477, Lake Fyans 3381, Lake Lonsdale 3381, Landsborough West 3384, Ledcourt 3385, Lubeck 3385, Marnoo 3387, Marnoo East 3477, Marnoo West 3387, Mokepilly 3381, Moolerr 3477, Morrl Morrl 3387, Mount Dryden 3381, Moyreisk 3477, Beazleys Bridge 3477, Natte Yallock 3465, Bellellen 3381, Paradise 3477, Riachella 3385, Rich Avon East 3480, Rich Avon West 3480, Roses Gap 3385, Rostron 3477, Shays Flat 3377, St Arnaud 3478, St Arnaud East 3477, St Arnaud North 3477, Stawell 3380, Stuart Mill 3477, Sutherland 3477, Swanwater 3477, Swanwater West 3480, Black Range 3381, Tottington 3477, Traynors Lagoon 3477, Tulkara 3384, Wal Wal 3385, Wallaloo 3387, Wallaloo East 3387, Bolangum 3387, Wattle Creek 3384, Winjallok 3477, York Plains 3477, Zumsteins 3401, Bulgana 3377, Callawadda 3387, Campbells Bridge 3387, Carapooee 3477, Carapooee West 3477, Archdale Junction 3475, Concongella 3384, Coonooer Bridge 3477, Coonooer West 3477, Cope Cope 3480, Dalyenong 3477, Deep Lead 3385, Dunneworthy 3377, Avon Plains 3477, Fyans Creek 3381, Germania 3387

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