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Jackass Flat suburb profile

Jackass Flat is a growing suburb located in the northern part of Bendigo, Victoria, offering a blend of suburban tranquility and accessibility to urban amenities. Known for its spacious residential areas and natural surroundings, it provides a peaceful environment for families and retirees. The suburb is characterized by its proximity to local parks and recreational facilities, making it ideal for outdoor enthusiasts. With ongoing development and infrastructure improvements, Jackass Flat is becoming increasingly attractive to homebuyers seeking a balance between rural charm and modern convenience. Its community-focused atmosphere and expanding amenities contribute to its appeal.

Jackass Flat property market performance

Jackass Flat's property market has experienced significant growth over the past 12 months, with house values increasing by 19.2%. The current median house price stands at $688,750. However, the unit market remains inactive, with no sales or price changes recorded.

In terms of sales activity, 10 houses were sold in the past 12 months, with houses spending a median of just 17 days on the market, indicating strong demand. The unit market, however, shows no activity, reflecting a lack of supply or demand.

The rental market for houses in Jackass Flat has also seen a notable increase, with average rents rising by 10.8% over the last 12 months to $565. The unit rental market remains inactive, with no changes in rent prices.

HousesUnits
Median price
Past 3 months
$689KN/A
Change in value
Past 12 months
18.8%N/A
Sold
Past 3 months
131
Median days on market
Past 12 months
20N/A
Average rent
Past 12 months
$568N/A
Change in rent
Past 12 months
7.2%N/A

5 year median price trend for houses and units

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Jackass Flat demographics

Jackass Flat, located in the regional city of Bendigo, Victoria, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 1,907, it is a small yet growing community that attracts young families and professionals. The median age of 28 indicates a youthful demographic, with many residents likely to be in the early stages of their careers or family life. This youthful energy is complemented by the suburb's family-friendly environment, as evidenced by the 46.9% of couple families with children.

Housing in Jackass Flat is predominantly owner-occupied, with 48.7% of properties owned with a mortgage, reflecting a strong presence of young families investing in their future. Additionally, 17.2% of homes are owned outright, while 34.1% are rented, offering a mix of stability and flexibility for residents. The suburb's median total household income of $1,805 per week suggests a comfortable standard of living, making it an attractive option for those seeking affordability without sacrificing quality of life.

The community in Jackass Flat is diverse, with 31.1% of couple families having no children and 20.7% of families being one-parent households. This diversity contributes to a welcoming and inclusive atmosphere, where different family structures are embraced. The suburb's proximity to Bendigo provides residents with access to a range of educational, recreational, and employment opportunities, enhancing its appeal as a place to settle and grow. Overall, Jackass Flat offers a balanced lifestyle, combining the charm of regional living with the conveniences of a larger city nearby.

Suburbs near Jackass Flat

Some popular suburbs near Jackass Flat include:

How does Jackass Flat compare to nearby suburbs?

  • Median house prices: Jackass Flat’s median house price is 22.4% higher than White Hills’s.
  • House price growth: Over the past 12 months, house prices in Jackass Flat have grown 21.0% higher than in White Hills.
  • Selling speed for houses: Properties in Jackass Flat are selling 20.0% faster than in North Bendigo.

Choose the right real estate agents in Jackass Flat

Choosing the right real estate agent in Jackass Flat can have a big impact on your sale. While there are 33 real estate agents working in the suburb, but just 5 of them were responsible for 68.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3.13%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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