Thinking about buying in Hazelmere? Now could not be a better time, with 865 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $767,000 with prices in this suburb ranging from $304,000 to $1,474,000. The aproximate distance to the coast is 22 Km.

Hazelmere Real Estate Market Outlook

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. High average incomes in Hazelmere ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Hazelmere 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. 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. 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.

Properties for sale Hazelmere

165 BUSHMEAD RD, HAZELMERE, WA, 6055

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UNDER CONTRACT

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Internet Speed

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Nearby Suburbs

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Public Transport

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General Points of Interest

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