Question 1

Is Hazelwood North a nice place to live?

Accepted Answer

Hazelwood North is a semi-rural suburb on the rural fringe of the Latrobe Valley in Gippsland, made up of spacious country-style properties and rural-residential blocks among paddocks and pockets of native bush. It attracts families and people seeking room for horses, hobby farming or a quieter lifestyle. Local reserves and the Hazelwood Pondage are nearby for walking and birdwatching. Hazelwood North Primary School is in the suburb, and the Latrobe Valley bus network links to Morwell and Traralgon for major shopping, health services and V/Line stations.

The community of 1,552 people has a median age of 45 and is dominated by couple families; homes are overwhelmingly owner-occupied, with 97.3% owned outright or with a mortgage and 2.7% rented. That profile points to a settled, owner-occupied area suited to people wanting larger land parcels and a rural-residential feel, but whether it suits you comes down to the lifestyle you want and your need to use nearby towns for major services.

Question 2

Is it expensive to live in Hazelwood North?

Accepted Answer

Hazelwood North hasn't had enough recent property sales or rentals to publish reliable house or unit price and rent figures. Without those numbers, it's not possible to describe how expensive it is to live in Hazelwood North compared with local household incomes as recorded at the most recent 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 Hazelwood North a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Hazelwood North to publish reliable figures on how house or unit values and rents have changed over the past year. Without that information, it's not possible to describe how the suburb has performed as an investment over the last 12 months.

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	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	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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