All About Leconfield, Singleton , NSW 2335

Leconfield Real Estate Market Outlook

Thinking about buying in Leconfield? Now could not be a better time, with just 75 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,203,000 with prices in this suburb ranging from $619,000 to $3,387,000. The approximate distance to the coast is 39 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Leconfield due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Leconfield provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Leconfield we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Leconfield a better buying opportunity than it may have been in the past.

Instant Property Valuation

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