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Pyrenees Shire
Snake Valley

Snake Valley Property Market
& Suburb Profile

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MEDIAN PRICES IN SNAKE VALLEY

Median house price

(all agencies, last 12 months)$510k*

House price change

(all agencies, last 12 months)+7.37%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

SNAKE VALLEY PRICE TRACKER

Houses

SNAKE VALLEY SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)58

Average held period in Snake Valley

(proptrack)9 years

SNAKE VALLEY INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$411pw

Average rental yield for Houses

(all agencies, last 12 months)4.42%

Snake Valley total population size

(as at the last census)820

Median household size in Snake Valley

(as at the last census)2.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

SNAKE VALLEY PROPERTY TYPES

  • Houses 67%
  • Other 33%

OCCUPANCY IN SNAKE VALLEY

  • Owned 89%
  • Rented 8%
  • Other/Not Stated 3%
  • Singles 25%
  • Families 72%
  • Other 3%

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ABOUT SNAKE VALLEY

Snake Valley is a historic rural township located approximately 27 kilometres west of Ballarat, within the Shire of Pyrenees. Situated on the traditional lands of the Wathaurong people - who knew the area as Nimluck - the town's curious name is famously linked to the 1850s gold rush, reputedly coined after a miner discovered snakes while sinking a shaft.

The locality is defined by its "straggling" layout, with homes and small farms stretching along the Carngham-Linton Road amidst a landscape of undulating volcanic plains, permanent creeks, and pockets of native forest.

The identity of Snake Valley is deeply colored by its gold-mining heritage. In the mid-19th century, it was a booming industrial center with thousands of residents, several hotels, a court of petty sessions, and a mechanics' institute. While the industrial clamor has long since faded, the town’s history remains visible in its wide main street—a legacy of the heavy traffic of the gold era - and its collection of heritage buildings. Notable landmarks include the striking bluestone Carngham Uniting Church, which stands as a sentinel on the northern approach to the town, and the Royal Hotel, which continues to serve as the social heart of the community.

Today, Snake Valley is a quiet, resilient agricultural community characterized by a strong sense of local pride and self-reliance. The local economy is driven by broad-acre farming, grazing, and timber, but the town has also become a favored "off the beaten track" destination for lifestyle settlers and retirees drawn to its peaceful atmosphere. Community life is centered around the Snake Valley campus of the Woady Yaloak Primary School, the general store, and the recreation reserve. The area is also home to unique groups like the Snake Valley Astronomical Association, taking advantage of the region's clear, dark skies for stargazing.

Environmental features play a significant role in the town's charm, particularly the Mag Dam wetland—a former mining dam repurposed into a valued natural space—and the nearby Linton State Forest. The Ballarat-Skipton Rail Trail is also easily accessible, offering a link for cyclists and walkers to explore the wider region. Despite its growth and modernisation, including a community-led wastewater system that irrigates the local golf course, Snake Valley retains a simple, unhurried country character that feels deeply connected to the surrounding Victorian bushland.

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SALES COMPARISON

Find out how Snake Valley median sales prices compare to neighbouring suburbs.

SNAKE VALLEY MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202515$510,0007.37%1$411pw4.42%
20249$480,000-12.33%4$409pw4.73%
202312$547,50017.87%3$384pw4.39%
202214$464,500-13.66%1$365pw4.29%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202515$510,000+7.37%
20249$480,000-12.33%
202312$547,500+17.87%
202214$464,500-13.66%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
20251$411pw4.42%
20244$409pw4.73%
20233$384pw4.39%
20221$365pw4.29%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.