All About Appin, Gannawarra , VIC 3579

Appin Real Estate Market Outlook

Thinking about buying in Appin? Now could not be a better time, with just 13 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,578,000 with prices in this suburb ranging from $4,578,000 to $4,578,000. The aproximate distance to the coast is 230 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Appin are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Appin 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 Appin 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 Appin a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Nearby Suburbs

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