Buchan Suburb Profile

Victoria 3885

Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 71.05% increase in median value. As at 30 November 2024:

• The median value for Houses in Buchan is $361,357 while the median value for Units is $276,502.

The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..