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Blairgowrie suburb profile

Blairgowrie is a picturesque coastal suburb located on the Mornington Peninsula in Victoria, renowned for its stunning beaches and relaxed holiday atmosphere. Nestled between Rye and Sorrento, it offers a serene escape with its pristine bay and ocean beaches, making it a popular destination for beachgoers and nature enthusiasts. The suburb features a charming village atmosphere with boutique shops, cafes, and local amenities catering to both residents and visitors. With its scenic coastal walks, vibrant community, and proximity to the Peninsula Hot Springs, Blairgowrie is a sought-after location for those seeking a tranquil seaside lifestyle.

Blairgowrie property market performance

Blairgowrie’s property market has shown positive growth over the past 12 months, with house values increasing by 4.7%. The median house price currently stands at $1.12 million. However, there is no data available for units, indicating a lack of unit sales in the area.

In terms of sales activity, 27 houses have been sold over the past 12 months, with properties spending a median of 65 days on the market. This suggests a moderate demand for houses in Blairgowrie.

The rental market for houses has seen a notable increase, with average rents rising by 7.4% over the last 12 months to $698 per week. Again, there is no data for units, reflecting the absence of a unit rental market in the suburb.

HousesUnits
Median price
Past 3 months
$1.12MN/A
Change in value
Past 12 months
4.7%N/A
Sold
Past 3 months
27N/A
Median days on market
Past 12 months
65N/A
Average rent
Past 12 months
$698N/A
Change in rent
Past 12 months
7.4%N/A

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Blairgowrie demographics

Blairgowrie, a charming coastal suburb located on the Mornington Peninsula in Victoria, is renowned for its serene beaches and relaxed lifestyle. With a population of 2,786, it offers a tranquil escape from the hustle and bustle of city life, attracting retirees and families seeking a peaceful environment. The median age of 58 reflects a mature community, with many residents enjoying the suburb's natural beauty and leisurely pace.

The housing landscape in Blairgowrie is predominantly characterized by homeownership, with 60.3% of properties owned outright. This high rate of outright ownership indicates a stable and established community, with many long-term residents. Additionally, 25.6% of properties are owned with a mortgage, while only 14% are rented, highlighting the suburb's appeal to those looking for permanent residence rather than transient living arrangements.

Family dynamics in Blairgowrie are diverse, with 63.8% of couple families having no children, suggesting a significant number of empty nesters or retirees. Meanwhile, 27.6% of couple families have children, and 8.1% are one-parent families, indicating a supportive environment for families of all types. The suburb's picturesque setting, combined with its strong sense of community and proximity to natural attractions, makes Blairgowrie a desirable location for those seeking a laid-back coastal lifestyle.

Blairgowrie infrastructure, key developments and investment opportunities

Blairgowrie’s property market continues to be supported more by its established coastal lifestyle and village amenity than by major new development. The suburb benefits from proximity to bay and ocean beaches, local shops, cafes and everyday services, which helps underpin buyer demand from both owner-occupiers and holiday-home purchasers.

At present, there are no major publicly identified infrastructure or redevelopment projects in Blairgowrie that are likely to materially shift market conditions in the near term. As a result, local pricing is likely to remain influenced by scarcity, lifestyle appeal and broader Mornington Peninsula demand rather than large-scale supply additions.

Blairgowrie rental market trends

The rental market in Blairgowrie has experienced moderate growth, with house rents increasing by 7.4% over the past year to $698 per week. However, there has been no change in unit rents, remaining at $0, indicating a potential lack of available units. Blairgowrie continues to attract interest due to its coastal charm and lifestyle appeal, making it a desirable location for house rentals.

Suburbs near Blairgowrie

Some popular suburbs near Blairgowrie include:

Common questions about Blairgowrie

  • Is Blairgowrie a nice place to live?

    Blairgowrie is a delightful coastal suburb that offers a serene and picturesque lifestyle, perfect for those who appreciate the beauty of nature and a relaxed pace of living. Nestled on the Mornington Peninsula, it is known for its stunning beaches and charming village atmosphere. The suburb provides a peaceful retreat with its pristine bay and ocean beaches, making it a haven for beachgoers and nature enthusiasts alike. The community vibe is warm and welcoming, with boutique shops, cafes, and local amenities that cater to both residents and visitors, creating a vibrant yet laid-back environment.

    For families, Blairgowrie offers a supportive and friendly environment. While it may not have the bustling nightlife of a city suburb, it compensates with a strong sense of community and a focus on outdoor activities. The proximity to natural attractions such as scenic coastal walks and the Peninsula Hot Springs provides ample opportunities for family outings and relaxation. Safety is generally not a concern, contributing to its appeal as a family-friendly location.

    However, living in Blairgowrie does come with some trade-offs. The suburb's popularity as a holiday destination means that property prices can be higher, and the housing market is more geared towards homeownership rather than rentals. This can be a consideration for those looking for more affordable or flexible living arrangements. Additionally, while the local amenities are charming, those seeking a wider range of shopping or entertainment options may need to travel to nearby larger towns.

    Overall, Blairgowrie is a wonderful place to live for those seeking a tranquil seaside lifestyle with a strong community feel. Its natural beauty, combined with a relaxed atmosphere and proximity to essential amenities, makes it an attractive choice for families and retirees looking to escape the hustle and bustle of city life.

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  • Is it expensive to live in Blairgowrie?

    Living in Blairgowrie can be quite expensive, especially when you consider the property market and average earnings in the area. The current median house price is $1,120,000, which is significantly high compared to many other suburbs. This is particularly notable given that there are no units available, which limits more affordable housing options. Renting isn't much cheaper, with the average rent for houses being $698 per week.

    When you compare this to the average household income in Blairgowrie, which is $1,490 per week, a significant portion of income would need to be allocated towards housing costs. This is quite a contrast to the Victorian state average income of $105,000 per year, which translates to around $2,019 per week. The disparity between the local income and the cost of housing suggests that living in Blairgowrie requires a substantial financial commitment.

    Overall, if you're thinking of living in Blairgowrie, it's important to consider the high cost of housing and how it aligns with your financial situation. While the suburb offers a beautiful coastal lifestyle, the expenses associated with living there are on the higher end, particularly in terms of property prices and rents.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Blairgowrie a good place to invest?

    Blairgowrie is an intriguing suburb for investment, particularly for those interested in the rental market. Over the past year, the median house value in Blairgowrie has increased by 4.7%, indicating a steady appreciation in property values. This growth, while modest, suggests a stable market that could appeal to investors seeking long-term capital gains.

    One of the standout features of Blairgowrie is the significant increase in rental prices for houses, which have risen by 7.4% over the last 12 months. This uptick in rental demand highlights the suburb's appeal to renters, potentially offering investors a solid rental income stream. However, it's worth noting that unit values and rents have remained flat, suggesting that houses might be the more attractive option for investment in this area.

    Overall, Blairgowrie presents a balanced investment opportunity with its steady property value growth and strong rental market for houses. While it may not offer rapid capital gains, its consistent performance and rental demand make it a reliable choice for investors looking to secure a stable return on their investment.

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