All About Erskine Park, Penrith , NSW 2759

Erskine Park Real Estate Market Outlook

Thinking about buying in Erskine Park? Now could not be a better time, with 2424 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,346,000 with prices in this suburb ranging from $159,000 to $159,157,000. The aproximate distance to the coast is 33 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Erskine Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Erskine Park changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. Lower than average industry presence in Erskine Park 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 Erskine Park a better buying opportunity than it may have been in the past.

Instant Property Valuation

Erskine Park is a suburb in the Greater Western Sydney region of New South Wales. Primarily residential with a commercial area and a small industrial district to the south. Found within the Local Government Area of the City of Penrith, the suburb was established in 1981 and has a population of around 6,500. Within the commercial area there is a shopping centre containing amenities such as a supermarket and pharmacy; the area also features many of the suburb’s restaurants, take-aways and other food options. In the south of the suburb there is a sizeable park containing sporting facilities such as a basketball/netball court. Erskine Park also contains 2 schools, James Erskine Public School and Erskine Park High School.

Erskine Park is a suburb in the Greater Western Sydney region of New South Wales. Primarily residential with a commercial area and a small industrial district to the south. Found within the Local Government Area of the City of Penrith, the suburb was established in 1981 and has a population of around 6,500. Within the commercial area there is a shopping centre containing amenities such as a supermarket and pharmacy; the area also features many of the suburb’s restaurants, take-aways and other food options. In the south of the suburb there is a sizeable park containing sporting facilities such as a basketball/netball court. Erskine Park also contains 2 schools, James Erskine Public School and Erskine Park High School.

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