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Southern Grampians Shire, VIC

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The Shire of Southern Grampians is a local government area in Victoria’s Barwon South West region. The local property market in is relatively stable, with prices for both residential and commercial properties growing consistently over the years.

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The predominant industry in the Shire is agriculture, with the primary crops being wheat, barley, and canola. The Shire also has a significant tourism industry, with popular tourist destinations including the Grampians National Park and the Pyrenees wine region.

Managers account for 22.2 % of employment in Southern Grampians, followed by professionals at 15.6 %, technicians and trades workers at 13.9 %, laborers at 11.5 %, and clerical and administrative workers at 10.5 %. In Southern Grampians, the typical weekly personal income for persons aged 15 years and older is $576.

The typical real estate in this area includes farms, acreages, and rural homes. In the Southern Grampians, 93.8 % of inhabited private residences are detached houses, 2.8 % are semi-detached, row or terrace houses, townhouses, or other buildings, 1.7 % are flats or apartments, and 0.6 % are other dwellings.

If you’re looking to invest in property in the Southern Grampians Shire, Victoria, there are a few things you should keep in mind.

First and foremost, it’s important to do your research and understand the market conditions in the area. It’s also a good idea to think about your budget and what you’re looking for in a property.

Once you’ve narrowed down your search, it’s important to take the time to assess the local market and ask the right questions. Are the schools in the suburb good? What’s the socio-economic status like? What are the advanced real estate metrics indicating.

Use the interactive dashboard below to compare Southern Grampians suburbs in terms of property investment potential.

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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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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 Southern Grampians Shire, VIC

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

Southern Grampians Shire is surrounded by 6 other council areas – Moyne, Horsham, Northern Grampians, Glenelg, West Wimmera, Ararat.

Suburbs/localities in this Local Government Area: Glenisla 3314, Glenthompson 3293, Grampians 3314, Gringegalgona 3315, Gritjurk 3315, Hamilton 3300, Harrow 3317, Hensley Park 3301, Balmoral 3407, Hilgay 3315, Karabeal 3294, Konongwootong 3315, Melville Forest 3315, Mirranatwa 3294, Mooralla 3314, Morgiana 3301, Mount Napier 3301, Moutajup 3294, Pigeon Ponds 3407, Rocklands 3401, Strathkellar 3301, Tabor 3289, Tarrayoukyan 3315, Tarrenlea 3315, Tarrington 3301, Vasey 3407, Victoria Point 3294, Victoria Valley 3294, Bochara 3301, Wannon 3301, Warrayure 3301, Woodhouse 3294, Wootong Vale 3315, Yatchaw 3301, Yulecart 3301, Bellfield 3381, Brit Brit 3315, Buckley Swamp 3301, Bulart 3314, Byaduk North 3300, Cavendish 3314, Cherrypool 3401, Coleraine 3315, Coojar 3315, Croxton East 3301, Culla 3315, Dunkeld 3294, Englefield 3407, Gatum 3407

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