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Indigo Shire, VIC

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The Shire of Indigo is a local government area in Victoria’s Hume region. The LGA’s property market is growing steadily with many new developments underway. The area is popular with families and young professionals who are looking for affordable housing options close to the city. There is a good selection of houses and apartments available in the area, and the market is expected to continue to grow in the coming years.

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The Indigo Shire economy is based largely on agriculture, with a strong focus on the production of wool and other livestock. Tourism is also a significant contributor to the local economy, with the area’s natural beauty and many historical sites attracting visitors from around the world.

Professionals account for 19.1 % of jobs in Indigo, followed by managers at 16.6 %, technicians and trades workers at 14.3 %, laborers at 12.5 %, and community and personal service workers at 11.0 %. Indigo’s typical weekly personal income for residents aged 15 and over is $641.

The typical real estate in Indigo Shire is a mix of rural and suburban. There are many farms and large estates, as well as smaller homes and neighborhoods. In Indigo, 92.9 % of occupied private residences are detached houses, 1.7 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 3.7 % are flats or apartments, and 1.0 % are other dwellings.

If you’re looking to invest in property in Indigo Shire, there are a few things you should keep in mind. Firstly, make sure you do your research and find an area that you think will grow in value over time. Secondly, be sure to have a solid financial plan in place and be prepared to invest for the long term. Finally, always consult with a reliable data source before making any major financial decisions.

Explore the interactive dashboard below to help you assess the property market in Indigo Shire.

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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.

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Property Market in Indigo Shire, VIC

What other property markets are there near Indigo Shire, VIC?

Indigo Shire is surrounded by 3 other council areas – Moira, Wodonga, Alpine.

How many people live in Indigo Shire, VIC?

There are approximately 16000 people living in roughly 7000 dwellings in total, with an average household size of 2.4.

What are current and planned infrastructure projects in Indigo Shire, VIC?

Notable infrastructure projects include Beechworth to Yackandandah Rail Trail, Beechworth Courthouse Kelly Trials Project, Bells Flat Road seal extension, Butson Park Lighting Upgrade, Chiltern Athenaeum Restoration Project, Chiltern Community Hub, Epic Mountain Bike Trail. Footpath and Shared Pathways Program.

What major retailers are there in Indigo Shire, VIC?

The main retail centres are Beechworth Emporium, TukTuk Clothing, Wodonga Plaza.

What is the main industry in Indigo Shire, VIC?

Such sectors as agriculture, viticulture and horticulture make up the largest part of the employment.

What are the dominant demographic groups in Indigo Shire, VIC?

Among approximately 16000 people in Indigo Shire males and females make roughly 49% and 51% respectively. The median age of people is 46 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for 21%.

How is unemployment rate trending in Indigo Shire, VIC?

Among approximately 7800 people employed, roughly 55% work full-time, 34% work part-time, and an estimated 4% are unemployed.

Suburbs/localities in this Local Government Area: Gooramadda 3685, Gundowring 3691, Huon 3695, Indigo Valley 3688, Kergunyah 3691, Kiewa 3691, Barnawartha 3688, Lilliput 3682, Beechworth 3747, Norong 3682, Osbornes Flat 3691, Rutherglen 3685, Sandy Creek 3695, Staghorn Flat 3691, Stanley 3747, Tangambalanga 3691, Allans Flat 3691, Wahgunyah 3687, Wooragee 3747, Yackandandah 3749, Brimin 3685, Browns Plains 3685, Bruarong 3749, Carlyle 3685, Charleroi 3695, Chiltern 3683, Chiltern Valley 3683, Cornishtown 3683

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