Thinking about buying in Bell Park? Now could not be a better time, with 3578 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $709,000 with prices in this suburb ranging from $188,000 to $1,614,000. Bell Park 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.

Bell Park Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Bell Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Bell Park 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 Bell Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Bell Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bell Park 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 Bell Park a better buying opportunity than it may have been in the past.

Houses for sale Bell Park

	44 BRUCE ST, BELL PARK, VIC, 3215	4	1	4	$720,000 - $790,000
	UNIT 1, 158 SEPARATION ST, BELL PARK, VIC, 3215	2	1	1	$480,000 - $520,000
	1B TALLINN ST, BELL PARK, VIC, 3215	2	1	1	$489,000 - $529,000
	18 BELLAVISTA RD, BELL PARK, VIC, 3215	4	2	2	$839,000 - $919,000
	48 MCCLELLAND ST, BELL PARK, VIC, 3215	3	1	1	$579,000 - $629,000
	24 ELSIE ST, BELL PARK, VIC, 3215	3	2	2	$699,000
	11 CASTLE CT, BELL PARK, VIC, 3215				$549,000 - $599,000
	UNIT 3, 1 CASTLE CT, BELL PARK, VIC, 3215	2	2	1	$549,000 - $589,000
	17 ELSIE ST, BELL PARK, VIC, 3215	4	3	5	800000

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