Goughs Bay's Best Residential Areas to Live In



Goughs Bay's Best Residential Areas to Live In

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Nestled amidst the picturesque Victorian High Country, Goughs Bay is a serene lakeside community on the shores of Lake Eildon. Known for its stunning landscapes, recreational opportunities, and friendly atmosphere, Goughs Bay provides an ideal setting for families, retirees, and nature enthusiasts alike. This article explores the best residential areas in Goughs Bay, detailing their unique characteristics, housing options, and average property prices.

Table of Contents



    Goughs Bay Foreshore



    Goughs Bay Foreshore

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    The Goughs Bay Foreshore is a beautiful area that offers immediate access to the lake, perfect for boating, fishing, and relaxing by the water. This location is ideal for those who enjoy outdoor activities and a vibrant community atmosphere.



    Characteristics of the Goughs Bay Foreshore

    * Culture: Active leisure culture with a focus on water sports

    * Transportation: Typically car-dependent, with local roads leading to key attractions

    * Services: Close proximity to boat ramps, picnic areas, and a local store

    * Environment: Lively and family-friendly


    Housing Options in the Goughs Bay Foreshore

    Cottages, Holiday homes, and Motivated buyers looking for waterfront properties


    Average Home Prices in the Goughs Bay Foreshore

    * Buying: $450,000 – $600,000

    * Renting: $1,500 – $2,200/month



    Goughs Bay Heights



    Goughs Bay Heights

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    Perched above the lake, Goughs Bay Heights offers stunning panoramic views of Lake Eildon and the surrounding mountains. This area is perfect for those seeking peace and quiet amidst nature while still being close to local amenities.



    Characteristics of the Goughs Bay Heights

    * Culture: Strong community spirit with a focus on nature

    * Transportation: Car is essential, with limited public transport options

    * Services: Nearby shops and recreational facilities

    * Environment: Quiet and picturesque


    Housing Options in the Goughs Bay Heights

    Custom-built homes, Townhouses


    Average Home Prices in the Goughs Bay Heights

    * Buying: $500,000 – $700,000

    * Renting: $1,700 – $2,500/month



    Eildon Village



    Eildon Village

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    Just a short drive from Goughs Bay, Eildon Village offers a blend of residential options, including new developments and established properties. This area is family-friendly and features community events throughout the year.



    Characteristics of the Eildon Village

    * Culture: Strong community engagement with local events

    * Transportation: Good connectivity via the Maroondah Highway

    * Services: Schools, shops, and healthcare facilities nearby

    * Environment: Family-oriented and welcoming


    Housing Options in the Eildon Village

    Houses, Units, and Land for new builds


    Average Home Prices in the Eildon Village

    * Buying: $350,000 – $500,000

    * Renting: $1,200 – $1,800/month



    Goughs Bay Rural



    Goughs Bay Rural

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    For those looking for space and privacy, Goughs Bay Rural offers larger parcels of land with scenic views and a tranquil setting. This area appeals to individuals interested in a more rural lifestyle.



    Characteristics of the Goughs Bay Rural

    * Culture: Focus on agriculture and rural living

    * Transportation: Car required for daily commuting

    * Services: Limited amenities; nearby towns provide additional services

    * Environment: Rural and peaceful


    Housing Options in the Goughs Bay Rural

    Acreage properties, Farmhouses


    Average Home Prices in the Goughs Bay Rural

    * Buying: $400,000 – $600,000

    * Renting: $1,000 – $1,500/month



    Lake Eildon Access



    Lake Eildon Access

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    This area is ideal for outdoor enthusiasts who want immediate access to the lake for activities like fishing and boating. Properties here are often sought after due to the proximity to water sports.



    Characteristics of the Lake Eildon Access

    * Culture: Boating and fishing community

    * Transportation: Mostly reliant on cars, with adequate road access

    * Services: Access to boat launches and recreational parks

    * Environment: Vibrant and active


    Housing Options in the Lake Eildon Access

    Luxury homes, Holiday rentals


    Average Home Prices in the Lake Eildon Access

    * Buying: $450,000 – $750,000

    * Renting: $1,800 – $2,500/month



    Goughs Bay Estates



    Goughs Bay Estates

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    A newer development area, Goughs Bay Estates offers modern homes and family-friendly amenities. The community is growing rapidly, making it a great option for first-home buyers and families.



    Characteristics of the Goughs Bay Estates

    * Culture: Modern suburban culture with new developments

    * Transportation: Excellent road connections with car access necessary

    * Services: Schools, parks, and shopping facilities close by

    * Environment: Community-focused and family-friendly


    Housing Options in the Goughs Bay Estates

    New homes, Townhouses


    Average Home Prices in the Goughs Bay Estates

    * Buying: $500,000 – $700,000

    * Renting: $1,600 – $2,400/month



    Frequently Asked Questions About the Best Residential Areas in Goughs Bay:



    The best residential areas in Goughs Bay include the Goughs Bay Foreshore, Goughs Bay Heights, Eildon Village, Goughs Bay Rural, Lake Eildon Access, and Goughs Bay Estates.

    Goughs Bay Heights and Eildon Village are highly recommended for families due to their community focus, proximity to schools, and recreational facilities.

    The Goughs Bay Foreshore and Lake Eildon Access areas are known for their waterfront properties, ideal for boating and fishing.

    You can find a variety of housing options in Goughs Bay, including cottages, family homes, townhouses, luxury properties, and large rural homes.

    Public transport options are limited in Goughs Bay, so owning a car is generally necessary.

    Goughs Bay has access to local stores, parks, boat ramps, and is a short drive from larger towns with additional services.

    Average property prices vary by area, ranging from approximately $350,000 to $750,000 depending on location and property type.

    Goughs Bay offers a relaxed lifestyle with a focus on outdoor activities, community involvement, and a peaceful lakeside environment.

    Yes, areas like Eildon Village and Goughs Bay Estates are particularly suitable for first-home buyers due to their affordable properties and community focus.

    Living in Goughs Bay provides year-round natural beauty, with summer being perfect for water activities and winter offering scenic views of the snow-capped mountains.



    Conclusion on the Best Residential Areas in Goughs Bay:

    Goughs Bay is a charming lakeside community that caters to a variety of lifestyles, whether you seek the excitement of waterfront living or the tranquility of rural life. With its stunning natural surroundings and close-knit community, residents find ample opportunities for recreation and leisure while enjoying the benefits of suburban living. While property prices can vary significantly based on location and features, Goughs Bay offers something for everyone, from first-home buyers to retirees seeking a peaceful haven. With friendly service and community spirit, the ideal home awaits you in Goughs Bay.

    About the Author
    Eribert De Oliveira
    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.