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Alpine Shire, VIC

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The Alpine Shire is a local government area in Victoria’s Hume region, in the state’s northeast corner. The area has a rich history and great culture, offering a safe and friendly lifestyle with plenty of natural beauty. The Alpine Shire in Victoria is a popular choice for property buyers with properties quite affordable compared to other LGAs.

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Tourism, agriculture, and forestry all contribute to the Shire’s economy. There has been a continued upward trend for house prices and residential construction. Developments may begin happening at a faster pace if the prices continue to rise.

Managers account for 17.9% of all jobs in Alpine, followed by technicians and trades workers at 15.8%, professionals at 14.6%, laborers at 13.0%, and community and personal service workers at 11.7%.Alpine’s typical weekly personal income for residents aged 15 and over is $562.

The Alpine Shire is one of the most diverse markets in Victoria with a range of homes and prices available. There are many options for buyers to explore, including luxury estates, traditional family homes, townhouses, apartments, and more. In Alpine, 92.7 % of occupied private homes are detached houses, 3.2 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 2.1 % are flats or apartments, and 0.6 % are other housing.

It is always best to do your research before making an offer. Understand where the Alpine Shire property market is headed by exploring the data 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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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 Alpine Shire, VIC

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

Alpine Shire is surrounded by 2 other council areas – Indigo, East Gippsland.

How many people live in Alpine Shire, VIC?

There are approximately 12500 people living in roughly 7000 dwellings in total, with an average household size of 2.2.

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

Notable infrastructure projects include Alpine Better Places Harrietville, Alpine Better Places Tawonga, Alpine Housing Project, Alpine Sport and Active Recreation Plan.

What major retailers are there in Alpine Shire, VIC?

The main retail centres are Kangaroo Hoppet shop, Sassy Road, Hotham Central Supermarket, About My Sister.

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

Among approximately 12500 people in Alpine Shire males and females make roughly 49% and 51% respectively. The median age of people is 49 years. Children aged 0-14 years account for approximately 16% of the population, and those aged 65+ years account for 25%.

How is unemployment rate trending in Alpine Shire, VIC?

Among approximately 6000 people employed, roughly 53% work full-time, 37% work part-time, and an estimated 4% are unemployed.

Suburbs/localities in this Local Government Area: Abbeyard 3737, Harrietville 3741, Havilah 3737, Kancoona 3691, Kergunyah South 3691, Barwidgee 3737, Merriang 3737, Merriang South 3737, Mongans Bridge 3691, Mount Beauty 3699, Mount Buffalo 3740, Mudgegonga 3737, Myrtleford 3737, Nug Nug 3737, Ovens 3738, Porepunkah 3740, Rosewhite 3737, Running Creek 3691, Selwyn 3737, Smoko 3741, Tawonga 3697, Tawonga South 3698, Upper Gundowring 3691, Bogong 3699, Wandiligong 3744, Wonnangatta 3737, Bright 3741, Buckland 3740, Buffalo River 3737, Coral Bank 3691, Dandongadale 3737, Dederang 3691, Dinner Plain 3898, Eurobin 3739, Freeburgh 3741, Gapsted 3737, Germantown 3741, Glen Creek 3691

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