Thinking about buying in Shearwater? Now could not be a better time, with 1491 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $416,000 with prices in this suburb ranging from $17,000 to $6,957,000. Shearwater is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Shearwater Real Estate Market Outlook

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 Shearwater due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Shearwater classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Shearwater requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Shearwater

	17-23 shearwater bvd, shearwater, tas, 7307	4	2	2	Auction
	14 shore ct, shearwater, tas, 7307	3	2	4	Offers Over $1,500,000
	20 franklin ct, shearwater, tas, 7307	3	2	2	$749,000
	62 quinlan cr, shearwater, tas, 7307	4	3	2	$695,000
	101 shearwater bvd, shearwater, tas, 7307	4	2	2	Offers Over $975,000
	15 shore ct, shearwater, tas, 7307				Offers Over $450,000
	16 alexander st, shearwater, tas, 7307	2	1	2	$599,000-$629,000
	unit 2, 13 broadwater ct, shearwater, tas, 7307	3	2	4	$499,000 - $519,000

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