Bexley NSW 2207: Property Market Report & Real Estate Insights

Part of Bayside (NSW), NSW

Bexley Real Estate Market Outlook

Thinking about buying in Bexley? Now could not be a better time, with 9240 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,442,000 with prices in this suburb ranging from $23,000 to $17,537,000. Bexley is located fairly close to the coast at just 2Km 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

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. Low average incomes in Bexley is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Bexley provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Bexley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Bexley, located in the Bayside Council area of New South Wales, offers a unique blend of suburban charm and urban convenience, making it an attractive area in the housing market. Traditionally, Bexley has been known for its family-friendly environment, characterized by tree-lined streets and a mix of federation-style homes and modern apartments. Recent years have seen a steady demand for properties, driven by its strategic location, approximately 14 kilometers from Sydney's Central Business District. This proximity, combined with more affordable prices compared to inner-city neighborhoods, has made Bexley particularly appealing to both young professionals and families looking to enter the housing market. Despite a nationwide shift in real estate dynamics, Bexley has managed to maintain relatively stable property values, reflecting its ongoing desirability.

Living in Bexley offers residents a rich community atmosphere with a variety of amenities and recreational options. The area is well-connected by public transport, making commuting straightforward for those working in Sydney or surrounding suburbs. Local schools, parks, and shopping centers further enhance the livability of Bexley, providing convenience and a sense of community. The cultural diversity of the area is evident in the diversity of dining and retail options available, offering residents a rich blend of cuisines and shopping experiences. Furthermore, the nearby beaches and recreational areas provide ample opportunities for outdoor activities, making Bexley an ideal location for those who enjoy an active lifestyle. Overall, Bexley offers a balanced living environment that combines the benefits of suburban peace with the vibrancy of urban life.

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