La Perouse NSW 2036: Property Market Report & Real Estate Insights

Part of Randwick, NSW

La Perouse Real Estate Market Outlook

Thinking about buying in La Perouse? Now could not be a better time, with just 251 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $6,350,000 with prices in this suburb ranging from $1,668,000 to $300,631,000. La Perouse is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in La Perouse

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. Incomes in La Perouse are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in La Perouse 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 La Perouse 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

La Perouse, located in the eastern suburbs of Sydney within Randwick, NSW, is a coastal community known for its distinct charm and scenic beauty. The housing market here is characterized by a mix of residential offerings, from modern apartments to classic houses that reflect a rich history. In recent years, La Perouse has seen a steady interest due to its strategic location near the coastline and Sydney CBD, making it an attractive option for both families and professionals. Home prices tend to be on the higher side, reflecting the area's desirability and limited availability of properties, but the investment is often justified by the stunning views and quality of life. The market remains competitive, with properties in high demand due to the suburb’s unique appeal and the overall growth of the Sydney housing market.

Living in La Perouse offers a laid-back yet vibrant lifestyle, with its rich cultural history and natural attractions. Residents enjoy access to beautiful beaches like Congwong Beach and the historical La Perouse Museum, which narrates the area's connection to early European explorers. The suburb is also well-served by public transport and is just a short drive from the bustling dining and shopping districts of nearby Randwick and Maroubra. Community life in La Perouse is enriched by local events and a relaxed, friendly atmosphere, making it an ideal spot for those seeking a balance between city access and coastal living. The area also offers plenty of outdoor activities such as hiking in the Botany Bay National Park or enjoying a round of golf at the nearby course. Overall, La Perouse presents a serene yet dynamic living environment, perfect for those wanting to escape the city's hustle without straying too far from its conveniences.

---

---

---

---

}

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!