Mccarrs Creek NSW 2105: Property Market Report & Real Estate Insights

Part of Northern Beaches, NSW

Mccarrs Creek Real Estate Market Outlook

Thinking about buying in Mccarrs Creek? Now could not be a better time, with just 27 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,221,000 with prices in this suburb ranging from $1,379,000 to $3,152,000. Mccarrs Creek 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 Mccarrs Creek

Consistent high demand relative to supply is a key feature in Mccarrs Creek driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mccarrs Creek 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 Mccarrs Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Mccarrs Creek we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mccarrs Creek a better buying opportunity than it may have been in the past.

Instant Property Valuation

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