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The settlement existed on alluvial gold and several reefs which were exploited for silver and gold, until the Lord Nelson Company (1883) developed a profitable operation which lasted until 1913.<\/p>\n
The town’s people nevertheless had faith in St Arnaud\u2019s future and the St Arnaud municipality was proclaimed on 12 August 1861, and its named was given to an extensive road district in the same year.<\/p>\n
A newspaper, the St Arnaud Mercury<\/em>, was begun in 1864, a second newspaper, the St Arnaud Times<\/em> followed in 1874.<\/p>\n During the 1870s three flour mills were built in the township, a sure sign that its economy would not be solely dependent on mining.<\/p>\n A pastoral and agricultural society was formed in 1872 and in 1878 the railway was extended from Dunolly.<\/p>\n When the Lord Nelson mine closed, the town suffered a population decline, although the starting up of some local industries partly offset the loss.<\/p>\n CoreLogic data indicates that the predominant age group in St Arnaud is 60-69 years with households being primarily childless couples and are likely to be repaying $1000 – $1399 per month on mortgages. In general, people in St Arnaud work in a labourer occupation.<\/p>\n In 2011, 76 per cent of the homes in St Arnaud were owner-occupied compared with 75.8 per cent in 2016.<\/p>\n <\/p>\n TIDBIT:<\/p>\n The municipality of St Arnaud became a borough on 1 October 1863, a town on 17 October 1950 and was united with Stawell city, most of Kara Kara and Stawell shires, and parts of other municipalities to form Northern Grampians Shire on 20 January 1995.<\/p>\n <\/p>\n Population: 2193<\/p>\n Male: 47.9%<\/p>\n Female: 52.1%<\/p>\n Median age: 52<\/p>\n 5-year population change: -16.8%<\/p>\n House median value: $215,000<\/p>\n Change in Median Price: (5yrs) is 43.4%<\/p>\n Median asking rent per week: $210<\/p>\n Average length of ownership: 9 years<\/p>\n Owner occupiers:78%<\/p>\n Renters: 22%<\/p>\n <\/p>\n House median sale price:<\/p>\n August 2021: $200,000<\/p>\n August 2020: $185,000<\/p>\n August 2019: $160,000<\/p>\n August 2018: $147,500<\/p>\n August 2017: $140,000<\/p>\n <\/p>\n House sales per annum:<\/p>\n Period ending August 2021: 59<\/p>\n Period ending August 2020: 45<\/p>\n <\/p>\n Land median sale price:<\/p>\n August 2021: $68,000<\/p>\n August 2020: $45,000<\/p>\n <\/p>\n Land sales per annum:<\/p>\n Period ending August 2021: 17<\/p>\n Period ending August 2020: 20<\/p>\n","protected":false},"excerpt":{"rendered":" St Arnaud is approximately seventy square kilometres and has seven parks covering nearly 3.9 per cent of total area. The population in 2011 was 2618 people and by the 2016 Census it had shrunk to 2178 showing a significant decline of 16.8 per cent in the area during that time. St Arnaud, a rural town, […]<\/p>\n