Question 1

Is Harcourt a nice place to live?

Accepted Answer

Harcourt is a rural village beneath Mount Alexander, known for its apple and stone fruit orchards and small-scale cider and food producers. It has a compact village centre with community facilities and a pub, while nearby streets open to orchards, hobby farms and larger rural-residential lots. The community numbers 1,038 people with a median age of 46, and families predominate. Homes are largely owner-occupied, with 86.9% owned outright or with a mortgage.

Outdoor recreation is a feature. La Larr Ba Gauwa Park includes about 34 kilometres of purpose-built mountain bike trails with a trailhead and basic visitor amenities, and Mount Alexander and surrounding forest reserves provide bushwalking and cycling. Recent local projects include James Park upgrades and a community garden at the Harcourt Valley Community House, and a major upgrade to the Castlemaine Water Reclamation Plant that serves Harcourt is progressing. Harcourt suits people after a relaxed agricultural lifestyle who want ready access to Castlemaine's shops and rail connections.

Question 2

Is it expensive to live in Harcourt?

Accepted Answer

There haven't been enough recent sales or rentals in Harcourt to publish reliable prices or rents for houses or units. Without those figures, it's not possible to describe how expensive it is to live in Harcourt compared with what a typical local household earned at the last Census.

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 Harcourt a good place to invest?

Accepted Answer

House values in Harcourt climbed a strong 15.2% over the past 12 months. That change is a measure of capital growth for houses over the year, so if capital growth is your priority as an investor this is the figure that matters.

Whether that movement makes Harcourt the right investment for you depends on your own goals and circumstances.

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	N/A	N/A
Change in value Past 12 months	15.2%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	196	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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