Thinking about buying in Hyde Park? Now could not be a better time, with 1186 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $417,000 with prices in this suburb ranging from $94,000 to $2,532,000. Hyde Park is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Hyde Park Real Estate Market Outlook

In Hyde Park 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 Hyde Park 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 Hyde Park 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 Hyde Park 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.

Houses for sale Hyde Park

	UNIT 1, 25 SURREY ST, HYDE PARK, QLD, 4812	0	0	0	Expressions of Interest
	UNIT 2, 31-33 BAYSWATER RD, HYDE PARK, QLD, 4812	3	1	1	Offers over $375,000
	UNIT 3, 2 HAYMARKET ST, HYDE PARK, QLD, 4812	2	1	1	225000

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General Points of Interest

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