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Clunes suburb profile

Clunes is a charming historic town in Victoria, renowned for its rich gold rush heritage and picturesque setting. Located approximately 36km north of Ballarat, Clunes is celebrated for its well-preserved 19th-century architecture and vibrant community spirit. The town hosts the annual Clunes Booktown Festival, attracting book lovers from across the country. With its quaint streets, antique shops, and welcoming atmosphere, Clunes offers a peaceful rural lifestyle while maintaining a strong connection to its historical roots. Its scenic landscapes and cultural events make it a delightful destination for residents and visitors alike.

Clunes property market performance

Clunes’ property market has experienced modest growth over the past 12 months, with house values increasing by 2.9%. The current median house price stands at $639,500. However, there has been no activity in the unit market, with no units sold or changes in unit values during this period.

Sales activity for houses has been limited, with only 10 houses sold over the last 12 months. Properties are taking longer to sell, with a median of 121 days on the market, indicating a slower pace in the housing market.

The rental market in Clunes has remained stagnant, with no recorded changes in average rent prices for both houses and units over the last 12 months, suggesting limited rental demand or availability in the area.

HousesUnits
Median price
Past 3 months
$640KN/A
Change in value
Past 12 months
2.9%N/A
Sold
Past 3 months
10N/A
Median days on market
Past 12 months
121N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Clunes demographics

Clunes, nestled in the picturesque region of Victoria, is a charming town known for its rich history and vibrant community spirit. With a population of 1,844, Clunes offers a peaceful and welcoming environment, making it an ideal location for those seeking a quieter lifestyle. The median age of 51 reflects a mature community, with many residents enjoying the town's serene atmosphere and strong sense of community.

The town's housing landscape is characterized by a high rate of home ownership, with 50.2% of properties owned outright and 35.7% owned with a mortgage. This stability in property ownership underscores Clunes' appeal to long-term residents and families looking for a secure and settled environment. Rental properties make up only 14.1% of the housing market, indicating a preference for home ownership among the community.

Family life in Clunes is diverse, with couple families without children making up 50.4% of the family demographic, while couple families with children account for 28.9%. One-parent families represent 18.4% of the community, highlighting the town's inclusive nature. The median total household income of $1,037 per week reflects the town's modest yet comfortable living standards, making it an attractive option for retirees and families alike. Clunes' rich cultural heritage, combined with its tranquil setting, makes it a unique and desirable place to call home.

Clunes infrastructure, key developments and investment opportunities

Clunes is seeing targeted investment in early childhood education, with the new Early Learning Victoria Wirmal centre being built at Clunes Primary School, providing long day care and three- and four-year-old kindergarten for up to 102 children each day and scheduled for completion in early 2026.[5][6] This expanded childcare and kinder capacity is likely to increase the suburb’s appeal to young families and support steady demand for family homes in the area.[5][6]

The centre will also include outdoor play areas, a maternal and child health consulting room, a carpark and a community room, enhancing local community services and convenience for residents.[6] Beyond this project, there are currently no other major new infrastructure or transport initiatives publicly flagged that would significantly alter property dynamics in Clunes in the near term.[3]

Clunes rental market trends

The rental market in Clunes has remained stable over the past year, with no change in house or unit rents, both maintaining a median rent of $0 per week. This indicates a unique market situation, possibly reflecting limited rental activity or data availability in this picturesque Victorian suburb.

Suburbs near Clunes

Some popular suburbs near Clunes include:

Common questions about Clunes

  • Is Clunes a nice place to live?

    Clunes is a delightful place to live, offering a unique blend of historical charm and a peaceful rural lifestyle. Known for its rich cultural heritage, the town provides a welcoming atmosphere that is perfect for those seeking a quieter pace of life. The community spirit in Clunes is palpable, with residents enjoying a strong sense of belonging and connection. Families will find the suburb particularly appealing, as it offers a safe and nurturing environment for children to grow up in. The recent investment in early childhood education facilities further enhances its attractiveness to young families, providing essential services and convenience.

    The suburb's proximity to Ballarat ensures that residents have access to larger city amenities while enjoying the tranquility of a smaller town. Clunes is well-known for its picturesque landscapes and cultural events, offering plenty of opportunities for leisurely activities such as exploring antique shops, attending local festivals, or simply enjoying the scenic surroundings. While the town may not offer the bustling nightlife of a larger city, its charm lies in its serene environment and strong community ties.

    Living in Clunes does come with some trade-offs. The lack of major new infrastructure or transport initiatives means that residents may need to rely on personal vehicles for commuting to nearby areas. However, this is a small price to pay for the quality of life that Clunes offers. The high rate of home ownership reflects the stability and appeal of the suburb, making it an ideal choice for families and retirees looking for a secure and settled environment. Overall, Clunes is a wonderful place to call home for those who value community, history, and a peaceful lifestyle.

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  • Is it expensive to live in Clunes?

    Living in Clunes, a charming and historic town, can be considered relatively affordable compared to many other parts of Victoria. The current median house price is approximately $639,500, which is quite reasonable when you consider the rising property prices in more urban areas. However, it's worth noting that there is no available data for unit prices or rental costs, which might limit options for those not looking to purchase a home.

    When it comes to income, the average wage in Clunes is around $65,000 per year. This is slightly below the average wage in Victoria, which means that while housing is more affordable, residents might find their income stretched a bit further than in other areas. The median total household income weekly is $1,037, which suggests that many households may need to budget carefully to manage living costs effectively.

    Overall, if you're thinking of living in Clunes, it offers a more affordable lifestyle compared to the bustling city life. However, potential residents should consider their financial situation and weigh the benefits of a quieter, more rural lifestyle against the lower average income levels.

    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 Clunes a good place to invest?

    Clunes presents a unique investment opportunity for those seeking a charming, historical town with potential for steady growth. Over the past 12 months, the median house value in Clunes has increased by 2.9%, indicating a modest yet positive trend in property appreciation. While the median unit value and rental prices for both houses and units have remained stable, this stability can be appealing for investors looking for a low-risk entry into the property market.

    The town's rich history and picturesque setting make it an attractive location for those seeking a peaceful lifestyle, which can drive demand among renters and buyers alike. Clunes' community-focused atmosphere and heritage appeal are key factors that contribute to its desirability. Although the rental market has not seen significant changes recently, the consistent property values suggest a reliable investment environment.

    Overall, Clunes offers a steady investment landscape with potential for gradual appreciation. Its historical charm and stable market conditions make it an appealing choice for investors who value long-term growth and low volatility. While it may not deliver rapid gains, Clunes provides a solid foundation for those looking to invest in a unique and historically rich suburb.

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