Haywards Bay NSW 2530: Property Market Report & Real Estate Insights

Part of Wollongong, NSW

Haywards Bay Real Estate Market Outlook

Thinking about buying in Haywards Bay? Now could not be a better time, with 519 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,122,000 with prices in this suburb ranging from $78,000 to $8,139,000. Haywards Bay 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.

Living in Haywards Bay

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Haywards Bay 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. A mix of professions and above average income earners in Haywards Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Haywards Bay 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

Haywards Bay in Wollongong, NSW, is a picturesque and contemporary suburb that has been attracting attention in the housing market. Known for its family-friendly environment, this suburb features mostly modern, single-family homes that offer comfort and style. The housing market in Haywards Bay has seen steady growth, thanks to its blend of tranquility and accessibility. With its proximity to both Wollongong and Sydney, the area provides a desirable balance for those looking to escape the hustle and bustle of city life while still being within a reasonable commuting distance. The demand for homes in this region often stems from its appeal to families and professionals seeking a peaceful, community-oriented lifestyle.

Living in Haywards Bay offers a serene and idyllic setting, characterized by beautifully landscaped streets and ample green space. It's an ideal locale for those who appreciate outdoor activities, thanks to its parks, walking trails, and nearby lakes. Residents enjoy a friendly, tight-knit community atmosphere, with various local events and gatherings that foster a welcoming feeling. The suburb is also well-served by essential amenities, including schools, shopping centers, and healthcare facilities, making daily life convenient for its inhabitants. Overall, Haywards Bay combines the charm of suburban life with modern conveniences, offering a compelling lifestyle choice for a broad range of homebuyers.

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