All About Invermay Park, Ballarat, VIC, 3350

Invermay Park, a picturesque suburb located in the northern part of Ballarat, VIC, offers a unique blend of suburban tranquility and urban convenience. The housing market in Invermay Park is characterized by a variety of property types, including contemporary family homes, charming older residences, and spacious blocks that provide an appealing sense of space and privacy. Over recent years, the area has seen a steady increase in property values, driven by its attractive setting and strong demand from families and retirees alike. The availability of amenities such as schools, parks, and shopping centers nearby enhances its desirability, making it a sought-after location for those looking to invest in the Ballarat area.

Living in Invermay Park provides residents with a peaceful lifestyle amidst beautiful natural surroundings, with ample opportunities for outdoor activities. The suburb boasts a friendly community atmosphere, where neighbors often come together for local events and recreational activities. Its location offers the best of both worlds: the serene environment of a suburban area, with easy access to the bustling city center of Ballarat, where more extensive dining, shopping, and entertainment options are available. Whether for young families seeking room to grow, or retirees looking for a quiet place to enjoy their golden years, Invermay Park presents an ideal balance of convenience, community, and comfort.

Invermay Park Real Estate Market Outlook

Thinking about buying in Invermay Park? Now could not be a better time, with 816 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $782,000 with prices in this suburb ranging from $400,000 to $1,578,000. The aproximate distance to the coast is 75 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Invermay Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Invermay Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Invermay Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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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General Points of Interest

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