Thinking about buying in Comerong Island? Now could not be a better time, with just 14 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,400,000 with prices in this suburb ranging from $1,277,000 to $5,023,000. Comerong Island is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Comerong Island Real Estate Market Outlook

In Comerong Island there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Comerong Island 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. Low average earnings from people in Comerong Island leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. With very low industrial sector presence in Comerong Island the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Comerong Island

1511 COMERONG ISLAND RD, COMERONG ISLAND, NSW, 2540

4

2

3

$3,800,000 - $4,000,000

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Recently Sold Properties / House Prices

05-06-2023	$1,420,000	1588 COMERONG ISLAND RD
12-11-2020	$755,000	1364 COMERONG ISLAND RD
13-07-2018	$1,100,000	1290 COMERONG ISLAND RD
04-05-2017	$815,000	1560 COMERONG ISLAND RD
31-03-2017	$730,000	1572 COMERONG ISLAND RD
20-05-2016	$587,000	1364 COMERONG ISLAND RD
30-06-2014	$1,500,000	1537 COMERONG ISLAND RD
13-09-2011	$860,000	1588 COMERONG ISLAND RD
17-08-2010	$2,150,000	1527 COMERONG ISLAND RD
04-04-2008	$675,000	1572 COMERONG ISLAND RD

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Internet Speed

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Public Transport

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General Points of Interest

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