Question 1

Is St Arnaud a nice place to live?

Accepted Answer

St Arnaud is a compact regional town in north-west Victoria with a visible gold-rush past in its main street of Victorian and Federation-era buildings and wide, tree-lined avenues. It sits amid broad farming country and caters to a relaxed rural lifestyle. Local shops, schools, sporting clubs and community services cover everyday needs, while outdoor recreation centres on nearby St Arnaud Range National Park, local parkland and walking trails.

About 2,318 people live in St Arnaud, with a median age of 52 and a typical household income of $920 a week. Housing ranges from period cottages and weatherboard homes to larger blocks and rural properties, and 79.3% of homes are owner-occupied while 20.6% are rented. The town is the focus of a recent township planning push and on-the-ground works such as a swimming pool redevelopment, a tennis club renewal and a shopfront improvement program, and it is served by the St Arnaud campus of East Wimmera Health Service.

Question 2

Is it expensive to live in St Arnaud?

Accepted Answer

Buying in St Arnaud sits above local incomes recorded at the most recent Census. A median house price of $307,500 is about 6.4 times a typical local household's annual income at the last Census — weekly household income $920 multiplied by 52 equals $47,840 a year. On these figures, purchasing a house in St Arnaud sits well above what a typical local household earned at the last Census; whether that feels expensive depends on your own income and circumstances.

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 St Arnaud a good place to invest?

Accepted Answer

House values in St Arnaud climbed a solid 9.3% over the past 12 months.

That rise represents capital growth for houses over the year, so if capital appreciation is your priority this is the movement you would focus on; whether that suits your plans depends on your individual goals and circumstances.

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	$308K	N/A
Change in value Past 12 months	9.3%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	58	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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