All About Coombs, Unincorporated ACT, ACT, 2611

The housing market in Coombs, an area located in the Molonglo Valley of the Australian Capital Territory, has seen considerable development and growth in recent years. As part of the newer suburbs in the Canberra region, Coombs offers a variety of modern housing options, including a mix of detached houses, townhouses, and apartments. This diversity in housing caters to a wide range of buyers, from young families to retirees. The area's appeal is further enhanced by its proximity to the city center while still providing a more serene, suburban atmosphere. Property prices in Coombs have been gradually increasing, reflecting the growing demand as more people are drawn to the suburb's blend of urban convenience and natural beauty.

Living in Coombs is characterized by its family-oriented community and access to high-quality amenities. Residents enjoy numerous outdoor activities thanks to the suburb's extensive network of parks, bike paths, and proximity to the Molonglo River. This makes it an attractive option for families and outdoor enthusiasts alike. The suburb also boasts modern infrastructure, including schools, childcare centers, and local shopping facilities, providing a comfortable and convenient lifestyle. Public transportation is accessible, linking Coombs to the broader Canberra area, which is ideal for those commuting to work or seeking to explore the region. Overall, Coombs represents a vibrant and balanced community that appeals to individuals looking for both a peaceful residential environment and the convenience of city life.

Coombs Real Estate Market Outlook

Thinking about buying in Coombs? Now could not be a better time, with 2954 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $876,000 with prices in this suburb ranging from $37,000 to $4,697,000. The aproximate distance to the coast is 110 Km.

Consistent high demand relative to supply is a key feature in Coombs driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Coombs ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Coombs 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 Coombs 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 Coombs 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 Coombs a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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