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Raglan suburb profile

Raglan is a picturesque rural locality in Victoria, nestled within the scenic Pyrenees Shire. Known for its tranquil countryside and natural beauty, Raglan offers a peaceful retreat from urban life. The area is characterized by rolling hills, lush farmland, and a close-knit community atmosphere. While primarily a farming region, Raglan provides opportunities for outdoor activities such as hiking and exploring nearby state forests. Its proximity to the larger town of Beaufort ensures access to essential amenities and services. Raglan's serene environment and rural charm make it an appealing destination for those seeking a quiet, country lifestyle.

Raglan property market performance

Raglan's property market has remained static over the past 12 months, with no change in median house or unit values. The current median house and unit prices stand at $0, reflecting a lack of market activity. Only one house was sold in the past year, and no units were transacted, indicating limited demand or supply in the area.

With no recorded days on market for either houses or units in the last three months, it suggests that properties are not actively being listed or sold. Additionally, the rental market has shown no movement, with average rents for both houses and units remaining at $0 over the past year, further highlighting the stagnant nature of Raglan's property market.

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Raglan demographics

Raglan, a small rural suburb in Victoria, offers a tranquil lifestyle with a close-knit community feel. With a population of just 223, it is a place where everyone knows their neighbors, and the sense of community is strong. The median age of 53 indicates a mature population, with many residents likely enjoying the peace and quiet that comes with rural living. The suburb's charm lies in its simplicity and the natural beauty of the surrounding landscape, making it an ideal location for those seeking a slower pace of life away from the hustle and bustle of city living.

Housing in Raglan is predominantly owner-occupied, with a significant 57.1% of properties owned outright, reflecting a stable and settled community. A further 36.3% of homes are owned with a mortgage, while only a small fraction, 6.6%, are rented. This high level of home ownership suggests a strong sense of permanence and investment in the area. The family structure in Raglan is primarily made up of couple families without children, accounting for 54.2% of the population, while couple families with children make up 27.8%, and one-parent families comprise 18.1%.

The median total household income of $1068 per week reflects the rural setting and the types of employment typically found in such areas, which may include agriculture, local services, and small businesses. Raglan's appeal lies in its peaceful environment, community spirit, and the opportunity to enjoy a rural lifestyle with the benefits of home ownership. It is a suburb that offers a retreat from the fast-paced urban life, providing residents with a serene and supportive community.

Suburbs near Raglan

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