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Campaspe Shire, VIC

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Campaspe Shire is a local government area in Victoria, Australia. The local property market is a small market that is growing with a good mix of property types and prices. The real estate here is affordable and there is a good selection of properties for sale, making the market a good fit for first time buyers and investors.

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The Campaspe Shire economy is based mainly on agriculture, tourism, and mining.

Managers account for 17.8 % of employment in Campaspe, followed by labourers at 14.9 %, technicians and trades workers at 14.5 %, professionals at 13.2 %, and community and personal service workers at 11.0 %. In Campaspe, the typical weekly personal income for individuals aged 15 and older is $561.

In Campaspe, 89.8 % of inhabited private homes are detached houses, 5.7 % are semi-detached, row or terrace houses, townhouses, or other structures, 3.2 % are flats or apartments, and 1.0 % are other structures.

If you’re looking to invest in property in the Campaspe Shire, there are a few things you need to keep in mind. Firstly, make sure you do your research and understand the local market conditions. It’s also important to be realistic about how much you can afford to invest, and to remember that property prices can go up as well as down.

When looking for a property to invest in, it’s important to find one that has potential for capital growth. This means looking for a property that’s in a good location, has a good size and is in need of some renovation or development.

If you’re not familiar with the area, it might be a good idea to inspect the key real estate metrics to understand the outlook for real estate in the LGA. The interactive dashboard below can help you with that.

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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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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 Campaspe Shire, VIC

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

Campaspe Shire is surrounded by 1 other council area – Gannawarra.

How many people live in Campaspe Shire, VIC?

There are approximately 37000 people living in roughly 17000 dwellings in total, with an average household size of 2.4.

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

Notable infrastructure projects include Andrews Road, Colbinabbin, Annual Road Programs, Barnadown Myola Road, Muskerry, Breen Avenue, Kyabram, Campaspe Animal Shelter – Cat facility, Campaspe Community Children Centre, Colbinabbin Recreation Reserve, Culverts – new and upgrade program.

What major retailers are there in Campaspe Shire, VIC?

The main retail centres are Happy Pants Cloth, Iddles Lane Emporium, Zillah, Champion Browbands & DIY Supplie, Pounds Guns Money, The Reject Shop.

What is the main industry in Campaspe Shire, VIC?

Such sectors as agriculture, forestry, fishing, manufacturing, health and social assistance make up the largest part of the employment.

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

Among approximately37000 people in Campaspe Shire males and females make roughly 49% and 51% respectively. The median age of people is 45 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for 23%.

How is unemployment rate trending in Campaspe Shire, VIC?

Among approximately 17000 people employed, roughly 56% work full-time, 33% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Gobarup 3559, Gunbower 3566, Ballendella 3561, Bamawm 3561, Bamawm Extension 3564, Kanyapella 3564, Kotta 3565, Koyuga 3622, Kyvalley 3621, Lancaster 3620, Lockington 3563, Moora 3612, Muskerry 3557, Myola 3551, Nanneella 3561, Patho 3564, Pine Grove 3573, Redcastle 3523, Rochester 3561, Roslynmead 3564, Runnymede 3558, Rushworth 3612, Stanhope 3623, Strathallan 3622, Tennyson 3572, Terrick Terrick East 3573, Timmering 3561, Tongala 3621, Toolleen 3551, Torrumbarry 3562, Wanalta 3612, Waranga Shores 3612, Wharparilla 3564, Bonn 3561, Wyuna 3620, Wyuna East 3620, Yambuna 3621, Fairy Dell 3561, Creek View 3551, Burnewang 3558, Burramboot 3559, Carag Carag 3623, Colbinabbin 3559, Cornella 3551, Corop 3559, Diggora 3561, Echuca 3564, Echuca Village 3564, Echuca West 3564, Girgarre 3624

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