All About Hackham West, Onkaparinga, SA, 5163

Hackham West, located within the City of Onkaparinga in South Australia, presents an intriguing landscape for potential homeowners and investors looking into the housing market. In recent years, Hackham West has experienced modest yet steady growth in real estate prices, reflecting a broader trend seen across suburban Adelaide. The area's housing market is diverse, offering a range of options from affordable single-family homes to more contemporary new builds. This variety allows for different types of buyers, whether they are first-time homeowners, families looking to settle, or investors seeking rental properties. The affordability of homes in this suburb is particularly appealing to young families and individuals seeking a balance between proximity to urban conveniences and a more laid-back suburban lifestyle.

Living in Hackham West offers residents a sense of community and a comfortable suburban life. It is an area characterized by its green spaces, with several parks and reserves providing ample recreational opportunities for families and outdoor enthusiasts. The community is serviced by essential amenities, including local schools, shopping centers, and medical facilities, which contribute to a convenient and accessible everyday life. Additionally, Hackham West's proximity to the Southern Expressway and major roads allows for relatively easy commutes to Adelaide's city center and other neighboring regions, making it an attractive choice for those working in the city but preferring the tranquillity of suburban living. The suburb's blend of affordability, community spirit, and access to natural and urban amenities continues to make it a desirable location for many looking to settle in South Australia's growing metropolitan fringe.

Hackham West Real Estate Market Outlook

Thinking about buying in Hackham West? Now could not be a better time, with 1960 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $447,000 with prices in this suburb ranging from $145,000 to $1,014,000. Hackham West is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Hackham West 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 Hackham West 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. The slightly lower than average earnings from occupations in Hackham West 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. Medium density in Hackham West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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