Bexley North NSW 2207: Property Market Report & Real Estate Insights

Part of Bayside (NSW), NSW

Bexley North Real Estate Market Outlook

Thinking about buying in Bexley North? Now could not be a better time, with 2079 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,621,000 with prices in this suburb ranging from $110,000 to $5,116,000. Bexley North is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Bexley North

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. 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 Bexley North 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 Bexley North 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 Bexley North 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 Bexley North 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 Bexley North a better buying opportunity than it may have been in the past.

Instant Property Valuation

Bexley North, located in the Bayside area of New South Wales, offers a dynamic and evolving housing market that is reflective of its diverse community and strategic location. Over recent years, the suburb has experienced a significant transformation, driven by increased demand from both investors and families seeking a convenient and family-friendly environment. This demand has led to a variety of property types, ranging from classic freestanding houses reflecting the suburb's rich history to modern apartments catering to young professionals and smaller families. The close proximity to Sydney's central business district, along with accessible public transport links like the Bexley North train station, enhances its appeal. With these factors in play, the housing market here has seen steady appreciation, although buyers can still find relatively more affordable options compared to some neighboring suburbs.

Living in Bexley North is often praised for its balance of suburban tranquility and metropolitan convenience. The area is characterized by its leafy streets, parks, and a warm, community-oriented atmosphere. Residents enjoy access to a range of amenities, including local shops, cafes, and schools, making it ideal for families. Bexley North is also close to recreational spots such as Bardwell Valley Parklands and is a short drive from the beaches along the Eastern suburbs, providing residents with numerous leisure opportunities. The suburb’s multicultural environment enriches community events and local life, ensuring a vibrant yet laid-back lifestyle. All these factors collectively make Bexley North a sought-after location for both living and investment, providing a promising and comfortable living experience.

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