Question 1

Is Breamlea a nice place to live?

Accepted Answer

Breamlea is a tiny, low-key coastal village on Victoria’s Surf Coast between Torquay and Barwon Heads. Its relaxed seaside character comes from sand dunes, an open foreshore and a narrow strip of mostly single-storey beach houses and holiday cottages. The area suits people who prefer a quiet beach lifestyle, with coastal walks, fishing and easy access to the Great Ocean Road for surf and scenic drives. There are few commercial facilities in the settlement itself, so residents rely on nearby towns for shops and cafes.

It is a very small community of 151 people with a median age of 56 and a typical household income of $1,542 a week (roughly $80,200 a year). Households are dominated by couples, many without children, and homes are mostly owner-occupied (55.6% owned outright and 14.3% with a mortgage, about 69.9% owner-occupied overall) while 30.2% are rented. Local councils and coastal managers are focused on foreshore and trail works, caravan park upgrades and wetland restoration, and the local surf life saving club is seeking additional funds for a proposed clubhouse upgrade. Whether Breamlea suits you will depend on how much you value a small, seaside retreat and reliance on nearby towns for services.

Question 2

Is it expensive to live in Breamlea?

Accepted Answer

There haven't been enough recent property sales or rentals in Breamlea 3227 to publish reliable house or unit prices or rents, so it isn't possible to describe how expensive it is to live here compared with local incomes at the last Census. The median household income is recorded from the last Census, but that single figure on its own doesn't tell us whether buying or renting is more or less costly in this suburb.

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 Breamlea a good place to invest?

Accepted Answer

There haven't been enough recent sales in Breamlea to publish reliable figures on how house or unit prices and rents have changed over the past year. Without that, there isn't a clear picture of how it has performed as an investment lately.

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.

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