Question 1

Is Anglesea a nice place to live?

Accepted Answer

Anglesea is a relaxed coastal town on the Surf Coast along the Great Ocean Road, with a long sandy beach, a river mouth and surrounding heathland. It attracts a mix of permanent residents and holidaymakers, and housing ranges from weatherboard cottages to low-rise coastal homes among dunes and eucalypts. The town centre has local shops, cafes and community facilities, and surf lifesaving patrols, coastal walking and cycling trails and a well known golf course with resident kangaroos give the area an outdoorsy feel. The community of 3,208 has a median age of 54 and is largely family-based.

Council-led renewal is under way in the McMillan Street precinct, including a concept for an Anglesea Community and Health Hub with designs for an integrated facility to house kindergarten and occasional care, community programs, the medical centre and space for Barwon Health. The former seniors building is slated for demolition to make way for a temporary pop-up park, and river, flood and site-planning work is also under way. Most homes are owner-occupied, about four in five dwellings (54.0% owned outright, 27.4% with a mortgage), while 18.6% are rented.

Question 2

Is it expensive to live in Anglesea?

Accepted Answer

A house rent of $675 a week in Anglesea would take about 39.7% of a typical local household's weekly income as recorded at the most recent Census. On these figures, that is a sizeable share of local household income, so if you are renting rather than buying this rent is the figure that matters when judging how stretched housing costs might be.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Anglesea a good place to invest?

Accepted Answer

House values in Anglesea fell sharply over the past 12 months, down 10.4%. At the same time, house rents rose strongly, up 12.5% over the year. For someone weighing Anglesea as an investment, the figures show the capital value of houses declined over the year while the rental income those houses earn increased; which of those outcomes matters more will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-10.4%	N/A
Sold Past 3 months	8	1
Median days on market Past 12 months	125	N/A
Average rent Past 12 months	$675	N/A
Change in rent Past 12 months	12.5%	N/A

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