Thinking about buying in Humevale? Now could not be a better time, with just 167 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,468,000 with prices in this suburb ranging from $493,000 to $2,456,000. The aproximate distance to the coast is 36 Km.

Humevale Real Estate Market Outlook

In Humevale 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. Incomes in Humevale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Humevale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Humevale 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 Humevale 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.

Houses for sale Humevale

25 austins rd, humevale, vic, 3757

$1,650,000 - $1,800,000

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General Points of Interest

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