All About Deeragun, Townsville, QLD, 4818

Deeragun, a suburb of Townsville in Queensland, offers a unique blend of suburban life and access to natural beauty, which is becoming increasingly attractive to homebuyers. The housing market in Deeragun has shown signs of steady growth, reflecting the broader trends seen across the Townsville region. This growth is driven partially by the affordability of homes compared to more urbanized areas, making it appealing for first-time homebuyers and young families. Properties in Deeragun are predominantly standalone houses, often offering spacious lots, which provides excellent value for those prioritizing space and outdoor living. Additionally, as infrastructure and public amenities continue to improve, Deeragun is likely to gain even more interest from potential buyers, contributing to its evolving real estate market.

Living in Deeragun offers residents a laid-back lifestyle with the benefit of being close to both natural attractions and necessary amenities. The suburb is well-serviced with schools, shopping centers, and recreational facilities, making it convenient for families. Community parks and the proximity to the beach provide ample opportunities for outdoor activities and relaxation. The neighborhood also boasts a diverse community that is welcoming and supportive, fostering a strong sense of belonging among residents. Despite its relatively quiet environment, Deeragun's connection to central Townsville allows for convenient commuting, offering the best of both worlds for those who want a peaceful home life without sacrificing access to urban conveniences.

Deeragun Real Estate Market Outlook

Thinking about buying in Deeragun? Now could not be a better time, with 2044 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $448,000 with prices in this suburb ranging from $102,000 to $1,943,000. Deeragun is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Deeragun due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Deeragun classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Deeragun requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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

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Public Transport

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General Points of Interest

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