Costerfield is a picturesque mining township located in the central part of Victoria, Australia. Known for its rich gold mining history and serene country living, this small community offers residents a peaceful lifestyle surrounded by stunning landscapes. With a friendly atmosphere and a close-knit community, Costerfield is an excellent choice for those looking to escape the hustle and bustle of city life. In this article, we explore the best residential areas in Costerfield, highlighting their unique characteristics, housing options, and average prices.
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Costerfield Township

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Costerfield Township is the main hub of the community, offering a variety of amenities and services that cater to residents. It's a welcoming area, perfect for families and individuals seeking a friendly atmosphere.
Characteristics of the Costerfield Township
* Culture: Rich gold mining history and local events
* Transportation: Public transport available, but a car is recommended
* Services: Local shops, cafes, and schools
* Environment: Community-oriented and relaxed
Housing Options in the Costerfield Township
Houses, Townhouses, Units
Average Home Prices in the Costerfield Township
* Buying: $350,000 – $500,000
* Renting: $1,200 – $1,600/month
Costerfield Heights

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Costerfield Heights offers stunning views and a higher elevation, making it a desirable area for those who appreciate nature. The properties here are often larger, providing ample outdoor space.
Characteristics of the Costerfield Heights
* Culture: Nature-focused with hiking trails nearby
* Transportation: Car essential due to limited public transport
* Services: Basic amenities available in the township
* Environment: Tranquil and scenic
Housing Options in the Costerfield Heights
Larger family homes, Renovated properties
Average Home Prices in the Costerfield Heights
* Buying: $400,000 – $600,000
* Renting: $1,300 – $1,800/month
Costerfield Creek Area

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The Costerfield Creek Area is known for its rural charm and access to natural waterways. This area attracts those looking for a more secluded lifestyle with plenty of outdoor activities.
Characteristics of the Costerfield Creek Area
* Culture: Appreciation for wildlife and nature activities
* Transportation: Car required, away from public transport routes
* Services: Minimal, mostly self-sufficient living
* Environment: Peaceful and rustic
Housing Options in the Costerfield Creek Area
Country homes, Cabins, Larger blocks
Average Home Prices in the Costerfield Creek Area
* Buying: $350,000 – $550,000
* Renting: $1,100 – $1,400/month
Goldfields Estate

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Goldfields Estate is a modern development that offers a range of contemporary properties for families and first-home buyers. It’s an attractive area thanks to its newer housing stock and community amenities.
Characteristics of the Goldfields Estate
* Culture: Modern living with a sense of community
* Transportation: Good access to the main roads, car recommended
* Services: Parks, community centres, and schools nearby
* Environment: Family-friendly and vibrant
Housing Options in the Goldfields Estate
Newly built homes, Duplexes, Apartments
Average Home Prices in the Goldfields Estate
* Buying: $380,000 – $500,000
* Renting: $1,200 – $1,600/month
Costerfield South

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Costerfield South offers a quieter lifestyle, ideal for those who want to escape the busyness of township living. It features larger properties with beautiful gardens and landscapes.
Characteristics of the Costerfield South
* Culture: Community events and outdoor activities
* Transportation: Limited public transport, but accessible via main roads
* Services: Basic local services available
* Environment: Relaxed and family-oriented
Housing Options in the Costerfield South
Family homes, Large blocks, Garden settings
Average Home Prices in the Costerfield South
* Buying: $390,000 – $580,000
* Renting: $1,250 – $1,700/month
Costerfield Ridge

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Costerfield Ridge is renowned for its elevated position, providing spectacular views of the surrounding hills. This area is highly sought after by those who prioritize lifestyle and natural beauty.
Characteristics of the Costerfield Ridge
* Culture: Outdoor lifestyle with wildlife and hiking options
* Transportation: Car essential, limited public transport options
* Services: Shopping and amenities a short drive away
* Environment: Scenic and private
Housing Options in the Costerfield Ridge
Luxury homes, Eco-friendly builds, Large estates
Average Home Prices in the Costerfield Ridge
* Buying: $450,000 – $700,000
* Renting: $1,400 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Costerfield:
The best residential areas in Costerfield include Costerfield Township, Costerfield Heights, Costerfield Creek Area, Goldfields Estate, Costerfield South, and Costerfield Ridge.
Goldfields Estate and Costerfield Township are ideal for families due to their proximity to schools and community facilities.
The average home prices in Costerfield range from $350,000 to $700,000, depending on the area and property type.
Yes, Costerfield offers a variety of rental options, with prices ranging from $1,100 to $2,000 per month.
Public transport in Costerfield is somewhat limited, with car ownership highly recommended for convenience.
Costerfield has a range of local shops, cafes, parks, and schools, ensuring residents have access to essential services.
Costerfield Creek Area is known for its tranquility, with a rustic environment and access to nature.
Community events are frequently held in Costerfield Township, fostering a strong sense of community among residents.
Costerfield offers a range of properties, including family homes, townhouses, units, and larger estates.
Capital growth in Costerfield can be steady, particularly in areas like Goldfields Estate and Costerfield Heights, due to their appeal to families and nature lovers.
Conclusion on the Best Residential Areas in Costerfield:
Costerfield presents a unique living experience enriched by its rich history and natural beauty. Whether you choose to live in the bustling Costerfield Township or the tranquil surroundings of Costerfield Creek, there's a perfect spot for everyone. With various housing options and community services, Costerfield balances rural charm and modern convenience. Each residential area has its own appeal, catering to families, retirees, and those seeking a peaceful lifestyle. This vibrant community promises an enriching experience for anyone looking to relocate to this beautiful part of Victoria.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.