All About Mangerton, Wollongong , NSW 2500

Mangerton Real Estate Market Outlook

Thinking about buying in Mangerton? Now could not be a better time, with 1518 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $972,000 with prices in this suburb ranging from $36,000 to $6,292,000. Mangerton 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.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mangerton 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. A mix of professions and above average income earners in Mangerton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mangerton 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.

Instant Property Valuation

Mangerton, a suburb of Wollongong, NSW, is renowned for its picturesque setting and leafy streets, which are a significant draw for homebuyers and renters alike. The housing market in Mangerton reflects its desirable lifestyle offerings, with a mix of established properties and some newer developments catering to diverse preferences. Over the years, Mangerton has maintained a stable housing market, with property prices enjoying moderate appreciation as demand remains steady. The suburb is characterized by its spacious family homes, many of which are surrounded by lush greenery, providing a sense of tranquility and seclusion. This has made Mangerton particularly attractive to families and professionals looking for a peaceful suburban environment with the convenience of proximity to Wollongong’s city center.

Living in Mangerton offers a blend of suburban comfort and accessibility to urban amenities. The community benefits from its strategic location, providing easy access to quality schools, parks, and healthcare facilities, all contributing to a high quality of life. Residents can enjoy recreational activities at nearby green spaces, cafes, and boutique shops. The sense of community in Mangerton is fostered by active local initiatives and a welcoming neighborhood spirit. This creates an ideal environment for families seeking a nurturing place to raise children, as well as individuals who appreciate a quieter, yet connected, lifestyle. Overall, Mangerton provides a serene residential experience with the allure of Wollongong's vibrant coastal offerings just minutes away.

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