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Trentham suburb profile

Trentham is a picturesque town nestled in the heart of Victoria's Central Highlands, known for its charming rural atmosphere and natural beauty. Located approximately 97km northwest of Melbourne, it offers a peaceful retreat with its lush landscapes and historic architecture. Trentham is famous for its stunning Trentham Falls, the longest single-drop waterfall in Victoria, and its vibrant local community. The town boasts a selection of boutique shops, cafes, and artisanal markets, attracting visitors seeking a tranquil escape. With its blend of natural attractions and cultural charm, Trentham is a delightful destination for both residents and tourists.

Trentham property market performance

Trentham's property market has shown significant growth in the housing sector over the past 12 months, with house values increasing by 13.2%. The current median house price stands at $1.14 million. However, there has been no activity in the unit market, with no units sold or rented, reflecting a lack of supply or demand in this segment.

In terms of sales activity, 15 houses were sold over the past year, but properties are taking longer to sell, with a median of 161 days on the market. This suggests that while demand exists, buyers may be more selective or cautious in their purchasing decisions.

The rental market for houses in Trentham has seen a healthy increase, with average rents rising by 7.5% over the last 12 months, reaching $570. This indicates a strong demand for rental properties in the area, despite the extended time houses spend on the market.

HousesUnits
Median price
Past 3 months
$1.16MN/A
Change in value
Past 12 months
15.0%N/A
Sold
Past 3 months
18N/A
Median days on market
Past 12 months
111N/A
Average rent
Past 12 months
$580N/A
Change in rent
Past 12 months
9.4%N/A

5 year median price trend for houses and units

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Trentham demographics

Trentham, nestled in the picturesque region of Victoria, is a charming rural town known for its natural beauty and tranquil lifestyle. With a population of 1,382, it offers a close-knit community atmosphere that appeals to those seeking a peaceful retreat from the hustle and bustle of city life. The median age of 56 indicates a mature population, with many residents enjoying the serene environment and slower pace of life that Trentham provides.

The town's housing landscape is characterized by a high rate of outright home ownership, with 55.6% of properties owned outright. This reflects a stable and established community, where long-term residents have settled into their homes. Additionally, 32.8% of properties are owned with a mortgage, suggesting a mix of both new and established homeowners. The rental market is relatively small, with only 11.7% of properties being rented, which highlights the town's appeal to those looking for permanent residence rather than transient living arrangements.

Family structures in Trentham are predominantly couple families without children, making up 62.4% of the family demographic. This is indicative of a community that values privacy and a quieter lifestyle, often attracting retirees and those whose children have grown up and moved away. Couple families with children account for 27.4%, while one-parent families make up 9.5%, adding to the diversity of family types in the area. With its scenic surroundings, community spirit, and relaxed lifestyle, Trentham is an ideal location for those seeking a harmonious blend of nature and community living.

Suburbs near Trentham

Some popular suburbs near Trentham include:

  • Bullarto: Known for its rural charm and scenic landscapes, Bullarto is located to the southwest of Trentham.
  • Blackwood: Famous for its historic gold mining sites and lush forests, Blackwood is situated to the northeast of Trentham.
  • Tylden: Offering a peaceful rural lifestyle with easy access to larger towns, Tylden lies to the southeast of Trentham.
  • Ashbourne: Known for its picturesque countryside and agricultural heritage, Ashbourne is located to the east of Trentham.
  • Wheatsheaf: Featuring a tranquil environment with a strong community spirit, Wheatsheaf is situated to the west of Trentham.

How does Trentham compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Trentham have grown 2.9% higher than in Blackwood.
  • Selling speed for houses: Properties in nearby Blackwood are selling 55.9% faster than in Trentham.
  • House price growth: Over the past 12 months, house prices in Trentham have grown 6.5% higher than the average rate of growth across Melbourne.

Choose the right real estate agents in Trentham

Choosing the right real estate agent in Trentham can have a big impact on your sale. While there are 24 real estate agents working in the suburb, but just 5 of them were responsible for 59.2% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.75% to 2.88%, 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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