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Modewarre suburb profile

Modewarre is a serene rural locality in Victoria, situated approximately 100km southwest of Melbourne. Known for its picturesque landscapes and agricultural heritage, Modewarre offers a peaceful lifestyle away from the hustle and bustle of city life. The area is characterized by expansive farmlands, rolling hills, and a close-knit community atmosphere. Modewarre is ideal for those seeking a tranquil environment with the charm of country living. Its proximity to the Great Ocean Road and the Surf Coast adds to its appeal, providing residents with easy access to stunning coastal attractions and outdoor recreational activities.

Modewarre property market performance

Modewarre's property market has remained static over the past 12 months, with no recorded changes in median house or unit values. The median house and unit prices have both remained at $0, indicating a lack of sales activity in the area. Over the last three months, there have been no house or unit sales, and properties have not been listed on the market, resulting in zero median days on market for both property types.

The rental market in Modewarre has also seen no movement, with average rents for houses and units remaining at $0 over the past year. This suggests a stagnant market with no rental activity or demand. Overall, Modewarre's property and rental markets have shown no growth or activity, reflecting a quiet period for the suburb.

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Modewarre demographics

Modewarre, a small rural locality in Victoria, offers a tranquil lifestyle away from the hustle and bustle of city living. With a population of just 277, it is a close-knit community where residents enjoy the peace and quiet of the countryside. The median age of 44 suggests a mature population, likely comprising families and long-term residents who appreciate the area's serene environment and natural beauty.

The suburb's household composition reflects a strong family presence, with 36.4% of families being couples with children and 45.5% being couples without children. This indicates a balanced mix of young families and older couples who have perhaps raised their children and now enjoy the slower pace of rural life. The presence of one-parent families, making up 18.2% of the community, adds to the diversity of family structures in Modewarre.

Property ownership in Modewarre is predominantly stable, with a significant 48.1% of homes owned outright and 44.4% owned with a mortgage. This high level of ownership reflects the community's commitment to long-term residence and investment in the area. Only a small fraction, 7.4%, of properties are rented, highlighting the suburb's appeal to those seeking permanent roots. With a median total household income of $2250 per week, residents of Modewarre enjoy a comfortable standard of living, supported by the area's rural charm and community spirit.

Modewarre infrastructure, key developments and investment opportunities

Modewarre remains a predominantly rural locality with limited recent large-scale redevelopment, which helps maintain its low-density character and appeal for buyers seeking space and lifestyle properties.[2][7] The presence of Lake Modewarre and the upgraded Modewarre Recreation Reserve, which offers accessible sports and community facilities, enhances the suburb’s recreational amenity and supports its attractiveness for families and active households.[2][9]

Modewarre benefits indirectly from broader infrastructure and service improvements across the Surf Coast Shire, including upgraded roads and community facilities in nearby townships, which improve connectivity and access to schools, shops and employment hubs.[2] There are currently no widely publicised major new transport projects, school builds or commercial centres specific to Modewarre itself, so there are no significant additional developments expected to materially change local property dynamics in the immediate term.[2]

Modewarre rental market trends

The rental market in Modewarre has remained stable over the past year, with both house and unit rents showing no change, maintaining a median rent of $0 per week. This indicates a lack of rental activity or data in the area, suggesting a potential opportunity for future development or investment in this quiet suburb.

Suburbs near Modewarre

Some popular suburbs near Modewarre include:

Common questions about Modewarre

  • Is Modewarre a nice place to live?

    Modewarre is a delightful rural suburb that offers a serene and peaceful lifestyle, perfect for those who appreciate the charm of country living. Nestled amidst picturesque landscapes and rolling hills, it provides a tranquil escape from the hustle and bustle of city life. The suburb is known for its strong community spirit, making it an inviting place for families who value a close-knit environment. With its proximity to the Great Ocean Road and the Surf Coast, residents can easily access stunning coastal attractions and enjoy a variety of outdoor recreational activities.

    Families will find Modewarre particularly appealing due to its safe and welcoming atmosphere. The suburb's rural setting offers plenty of space for children to play and explore, while the upgraded Modewarre Recreation Reserve provides excellent sports and community facilities. Although the area lacks major commercial developments, the nearby townships offer essential amenities, including schools and shops, ensuring that residents have access to necessary services without sacrificing the peaceful lifestyle they cherish.

    Living in Modewarre does come with some trade-offs. The absence of significant new transport projects or commercial centres means that residents may need to travel to nearby towns for certain conveniences. However, this also helps maintain the suburb's low-density character and rural charm, which is a major draw for those seeking a slower pace of life. Overall, Modewarre is a wonderful place to live for families and individuals who appreciate a tranquil environment, a strong sense of community, and the beauty of nature at their doorstep.

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  • Is it expensive to live in Modewarre?

    Living in Modewarre presents a unique scenario when it comes to assessing the cost of living. With the median total household income sitting at $2,250 per week, Modewarre residents appear to be earning a comfortable amount compared to the average wage in Victoria, which is about AUD 65,000 per year. This suggests that households in Modewarre are generally doing well financially.

    However, when it comes to property market data, there are no current figures available for median house or unit prices, as well as rental prices. This lack of data could indicate a smaller or less active market, which might mean fewer options for buying or renting properties. Without these figures, it's challenging to directly compare the housing costs to other areas.

    Overall, while the household income in Modewarre seems favorable, the absence of specific property market data makes it difficult to definitively say how expensive it is to live there. If you are thinking of living in Modewarre, it would be wise to explore the local market further to understand the potential costs involved.

    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 Modewarre a good place to invest?

    Modewarre might not be the first suburb that comes to mind when thinking about rapid property investment growth, but it offers a unique appeal for those looking for stability and long-term potential. Over the past year, the median house and unit values have remained steady, with no change in property or rental values. This stability can be attractive for investors seeking a low-risk environment, especially in a market where fluctuations are common.

    The suburb's charm lies in its rural setting and community-focused lifestyle, which can be appealing to families and those looking to escape the hustle and bustle of city life. While Modewarre may not currently offer the fast-paced capital growth seen in more urban areas, its consistent property values suggest a reliable market. This makes it a good option for investors who prioritize steady rental income and long-term appreciation over quick gains.

    Overall, Modewarre presents a solid choice for those interested in a stable investment with the potential for gradual growth. Its peaceful environment and community appeal make it an attractive option for renters and buyers alike, ensuring demand remains steady over time.

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