All About Eyre, Playford, SA, 5121

Eyre, located in the City of Playford, South Australia, is part of a rapidly developing housing market that attracts both families and young professionals seeking more affordable living options. Recent real estate trends indicate a steady increase in property values, making it an appealing location for investment. The area is characterized by modern housing developments with a blend of standalone homes, townhouses, and newly built estates. Accessibility is an attractive feature, with a number of public transport links and main roads providing easy commutes to Adelaide's city center. Additionally, the City of Playford has invested in infrastructure and community amenities, enhancing the appeal of its suburbs like Eyre.

Living in Eyre offers residents a suburban lifestyle with the convenience of urban proximity. The community enjoys a friendly, quieter setting away from the bustle of the city but benefits from convenient access to essential services, parks, and shopping centers within the Playford area. Local schools and recreational facilities cater to families, while natural reserves and walking trails provide residents with ample outdoor activities. The suburb fosters a sense of community with various local events and markets that bring neighbors together. Overall, Eyre presents a balanced way of living, combining modern conveniences with a touch of serene suburban life, making it a popular choice for those looking to settle in the northern outskirts of Adelaide.

Eyre Real Estate Market Outlook

Thinking about buying in Eyre? Now could not be a better time, with 848 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $550,000 with prices in this suburb ranging from $528,000 to $694,000. The aproximate distance to the coast is 11 Km.

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. 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 Eyre due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Eyre 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. Lower than average population density constrains growth in Eyre to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Eyre 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.

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General Points of Interest

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