Question 1

Is Invermay a nice place to live?

Accepted Answer

Invermay is a quiet rural-residential locality near Ballarat, defined by paddocks, hobby farms and older farmhouse properties that give it a country feel. Streets are largely non-commercial and properties tend to sit on larger blocks, so the area suits people after space, privacy and room for pets or a small lifestyle farm. Everyday services, schools and hospitals are accessed in nearby Ballarat, so residents combine a rural outlook with ready access to regional services.

The community is small, with a population of 900, a median age of 45 and a typical household income of $2,345 a week, roughly $121,940 a year. Homes are largely owner-occupied (a 93.9% owner-occupier share, with 6.1% rented) and the suburb is weighted towards couple families, with couple families with children the largest group at 49.4%. Invermay Recreation Reserve is a local focal point: the community hall sits there, tennis courts have been resurfaced and fencing renewed, and council planning includes sports-field upgrades that mention a turf wicket, consideration of training lights and basic changerooms.

Question 2

Is it expensive to live in Invermay?

Accepted Answer

There haven't been enough recent property sales or rentals in Invermay (VIC 3352) to publish reliable current house or unit prices or typical rents. The suburb's median total household income at the most recent Census was $2,345 a week, but without current price or rent figures it's not possible to say how expensive it is to live here compared with local incomes.

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 Invermay a good place to invest?

Accepted Answer

There haven't been enough recent property sales or rentals in Invermay 3352 to publish reliable 12-month figures for house or unit values and rents. Without those published movements, it's not possible to describe how the suburb has performed as an investment over the past year.

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	3	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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