Question 1

Is Blairgowrie a nice place to live?

Accepted Answer

Blairgowrie is a relaxed coastal suburb on the tip of the Mornington Peninsula with a village feel centred on a small shopping strip, a pier and a modest yacht club. Sandy bay beaches, a rocky foreshore and coastal reserves make it a place for swimmers, boaters and walkers year round. Housing is low-rise and largely residential, from classic timber beach cottages to renovated family homes, and the area attracts a mix of holidaymakers, families and older residents. The community numbers 2,786 with a median age of 58, and families are dominated by couples without children.

Everyday essentials and more shops are a short drive away in Rye and Sorrento, while local boating and foreshore infrastructure has been the focus of recent and approved works, including an approved safe-harbour reconfiguration at the Blairgowrie Yacht Squadron, slipway and equipment upgrades, and ongoing foreshore access and Bay Trail connection improvements managed by the local committee and the Shire. If you value a coastal village atmosphere, easy beach and boating access and a largely owner-occupied, older community, Blairgowrie presents that combination; whether it suits you depends on what you’re looking for.

Question 2

Is it expensive to live in Blairgowrie?

Accepted Answer

At a median house price of $1,275,000, buying in Blairgowrie works out to about 16.5 times a typical local household's annual income as recorded at the last Census, which places buying well above local incomes on these figures.

Renting a house at about $700 a week against a typical local household income of $1,490 a week as recorded at the last Census would take roughly 47% of that weekly income, a large share. If you are primarily concerned with renting rather than buying, that rent share is the figure that matters most to you; whether it feels expensive depends on your own income and circumstances.

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 Blairgowrie a good place to invest?

Accepted Answer

Over the past year the picture for houses in Blairgowrie was mixed. Median house values fell 2.4% over the 12 months, a modest decline, while house rents rose 7.7% over the same period, a solid increase.

For someone weighing Blairgowrie up as an investment, the value change speaks to capital movement and the rent change to rental income; in this year rental income was the stronger performer. Whether that balance suits your goals and circumstances is for you to decide.

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	$1.27M	N/A
Change in value Past 12 months	-2.4%	N/A
Sold Past 3 months	31	N/A
Median days on market Past 12 months	66	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	7.7%	N/A

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