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Buxton suburb profile

Buxton is a picturesque rural town located in Victoria's scenic Yarra Valley region, approximately 100km northeast of Melbourne. Known for its natural beauty and tranquil environment, Buxton offers a peaceful retreat with lush landscapes and proximity to the Cathedral Range State Park. The town is a popular destination for outdoor enthusiasts, offering activities such as hiking, fishing, and camping. Buxton's small community is characterized by a friendly atmosphere and a slower pace of life, making it an ideal spot for those seeking a serene escape from the hustle and bustle of city living. Its charm lies in its simplicity and connection to nature.

Buxton property market performance

Buxton's property market has remained static over the past 12 months, with no change in median house or unit values. The current median house and unit prices stand at $0, reflecting a lack of market activity. Only one house has been sold in the past year, and no units have been transacted, indicating limited demand or supply in the area.

There is no data available for median days on market for either houses or units, suggesting minimal sales activity. Similarly, the rental market has shown no movement, with average rents for both houses and units remaining at $0 over the last 12 months, and no change in rental values.

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Buxton demographics

Buxton, nestled in the picturesque landscapes of Victoria, offers a serene and close-knit community atmosphere. With a population of just 591, this small suburb is characterized by its tranquil environment and a strong sense of community. The median age of 53 indicates a mature population, with many residents likely enjoying the peaceful lifestyle away from the hustle and bustle of larger cities. This makes Buxton an appealing choice for retirees and those seeking a quieter pace of life.

The housing landscape in Buxton is predominantly owner-occupied, with over half of the properties owned outright. This high rate of outright ownership, at 50.4%, suggests a stable community with long-term residents who have established roots in the area. Additionally, 38.3% of properties are owned with a mortgage, reflecting a mix of established homeowners and newer families entering the market. The rental market is relatively small, with only 11.3% of properties being rented, which further emphasizes the suburb's appeal to those looking for permanent residence.

Family structures in Buxton are diverse, with a significant proportion of couple families without children, accounting for 58.8% of the family demographic. This is complemented by 31.5% of couple families with children, indicating a balanced mix of family types. The presence of one-parent families is relatively low at 9.7%, and there are no other family types recorded, highlighting the suburb's traditional family-oriented nature. Overall, Buxton offers a peaceful and stable environment, ideal for those seeking a community-focused lifestyle amidst the natural beauty of Victoria.

Suburbs near Buxton

Some popular suburbs near Buxton include:

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