The post-budget guide to commercial property investing

St Arnaud

POSTAL CODE: VIC, 3478
HOUSE

Property investments in ST ARNAUD did not fare well against the rest of the country last year, registering a median home price decrease of 5.3%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ST ARNAUD, 3478 saw average growth in the long term.

Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 117.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $308,000.

ST ARNAUD ranks 768th on the list of best yielding suburbs for rental properties in VIC, posting a N/A return.

Surburb overview

St Arnaud is a regional township in north-western Victoria, approximately 235 kilometres north-west of Melbourne’s CBD and about 90 kilometres north-west of Bendigo within the Northern Grampians Shire. Established during the Victorian gold rush of the 1850s, the township developed as an important mining and commercial centre and today serves as the principal service hub for the surrounding agricultural district. St Arnaud is situated on the traditional lands of the Dja Dja Wurrung people.

According to the 2021 Australian Bureau of Statistics Census, St Arnaud had a population of 2,193 people with a median age of 56 years. Detached houses comprise the predominant housing type, with a mix of heritage residences, established family homes and newer residential developments. The township supports a diverse community of long-term residents, families and retirees, with agriculture, healthcare, retail and community services contributing to the local economy.

Road access is provided via the Sunraysia Highway and Wimmera Highway, connecting St Arnaud with Bendigo, Maryborough, Horsham and Melbourne. Public transport includes V/Line coach services linking the township with surrounding regional centres, while the nearest V/Line rail services operate from Maryborough and Bendigo, providing connections to Melbourne. Private vehicles remain the primary mode of transport for most residents due to the regional location.

St Arnaud provides a comprehensive range of essential services, including supermarkets, medical centres, pharmacies, primary and secondary schools, cafés, retail businesses, community facilities and government services. Additional tertiary education, specialist healthcare and major commercial services are available in Bendigo and Ballarat, both of which are accessible by road.

The township offers a variety of recreational and cultural opportunities. Residents and visitors have access to Queen Mary Gardens, Pioneer Park, sporting facilities, walking trails and nearby Kara Kara National Park, which provides opportunities for bushwalking, birdwatching and nature appreciation. The surrounding district also features heritage buildings, goldfields attractions, local markets and community events. At the same time, the nearby Pyrenees wine region and regional parks contribute to a diverse range of outdoor and cultural experiences throughout the year.

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