Kyneton has just been listed as one of the top 10 regional Victorian centres to invest in as part of the prolific Canstar Rising Stars Australian Property Market Report.
Our popular town has been listed alongside Geelong, Ballarat, Bendigo, Shepparton, Warrnambool, Mildura, Latrobe Valley and others – all of which have had exceptional growth in the past year with many of these regional centres increasing well above 20% in the property market during this time.
The trend to leave the city for a tree change has put Kyneton on the property investor map, something we have seen grow at a rapid rate since the words ‘global pandemic’ first appeared in our daily news cycle.
Now that our doors are open for the state, we are expecting an influx of buyers from metropolitan centres who are now able to inspect properties in person. Kyneton is definitely leading the general trend across regional Victoria, being only an hour’s drive or train ride from Melbourne but offering the country lifestyle.
With next to no rentals available in Kyneton, we are seeing a rush of FOMO – buyers who don’t want to miss out and who want to get their foot in the door.
The median price for a house in Kyneton shifted a further 5.7% in the last quarter, bringing the average house price to $695,000. This is a growth of 14% in just one year. This figure is affordable to buyers selling their city properties to head to the country.
With Victoria open for adventure and travel, now is the best time to get your future property on your radar. If you are planning on selling, there is a very competitive market here in Kyneton. For updates or to have a conversation about the current property market in Macedon Ranges, book ahead and let us help you find your new home.