The VIC seaside town where house prices skyrocket over 40 per cent

Situated on Victoria’s scenic Great Ocean Road, Anglesea is a small seaside town with a big heart.

The area has towering cliffs, sprawling white beaches, flourishing flora and fauna, and a close-knit community that is rightly proud of the place they call home.

Fronting the ocean and surrounded by the Great Otway National Park, part of Anglesea’s appeal is that there’s little room for geographical expansion, giving the town a sense of authenticity and originality.

According to Paula Fowler of Great Ocean Properties, many have not been able to justify a coastal purchase in the past because they didn’t feel it was practical due to work ties to the city.

But, today, it’s a whole different story.

“With many people suddenly able to work from home at least several days a week, the decision to buy on the coast has become more justified,” Fowler says.

“As a result, buyers who had always planned to make these changes at a future point have had these plans significantly escalated.

“Young families have therefore chosen to relocate to the coast, while downsizers have been considering selling to take advantage of the buoyant market.”

Fowler says Anglesea has only 3200 rateable properties.

And due to low stock and a high-demand market, the median house price has jumped 40.9 per cent year-on-year, currently at $1.62 million, according to the latest Domain House Price Report.

“The lifestyle afforded here is also beyond compare; a typical day may involve surfing, golfing, bushwalking and mountain bike riding, just to name a few,” Fowler says.

“For a small town, the attractions are endless, including those found at the recently updated Motor Yacht Club or from the Surf Life Saving Club, where the newly completed clubhouse, and in-house restaurant, Wyuna, offer spectacular ocean views.”

As a child, Hayley McIntyre spent every summer holiday in Anglesea, developing a deep connection to this coastal town.

This led her to buy a house in the area with her brother five years ago, and she has spent much of the past two years working remotely, despite having employment ties to Melbourne.

“Being fortunate enough to move to Anglesea during Melbourne’s lockdowns was a saviour,” says McIntyre.

“It’s remarkable what ocean swims and morning walks along the Surf Coast trail can do to boost your spirits, though, on reflection, that is what Anglesea has always been for myself and my family – a place of retreat.”

One to watch

$3,400,000 - $3,650,000 Private Inspection

43 Odonohue Road, Anglesea VIC 3230

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Endless ocean vistas radiate from the top floor of this strikingly modern home, skirting over coastal bushland, with year-round comfort created by the fireplace in the open-plan living area.