All About Mount Elphinstone, Albany, WA, 6330

Mount Elphinstone, located in Albany, Western Australia, offers a unique blend of serene natural beauty and a welcoming community atmosphere, making it an attractive option for homebuyers. The housing market here is characterized by a mix of charming older homes and new developments, providing a range of options for different preferences and budgets. While suburban in nature, Mount Elphinstone boasts larger lot sizes compared to more urban areas, allowing residents to enjoy spacious gardens and a greater sense of privacy. The real estate market has seen steady growth, driven by Albany's appeal as a regional city with a comfortable lifestyle, access to stunning coastlines, and heritage charm.

Living in Mount Elphinstone is about embracing a laid-back yet fulfilling lifestyle. The neighborhood is surrounded by lush greenery and is close to several parks and natural reserves, making it perfect for outdoor enthusiasts and families who enjoy activities like hiking and birdwatching. The community is known for being friendly and tight-knit, with various local events and markets creating opportunities for residents to connect. Access to amenities is convenient, with the Albany town center only a short drive away, offering shopping, dining, and cultural attractions. Overall, Mount Elphinstone provides a peaceful and idyllic environment, ideal for those looking to escape the hustle and bustle of city life while still enjoying modern conveniences.

Mount Elphinstone Real Estate Market Outlook

Thinking about buying in Mount Elphinstone? Now could not be a better time, with just 89 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $900,000 with prices in this suburb ranging from $755,000 to $961,000. Mount Elphinstone is located fairly close to the coast at just 0Km 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. Incomes in Mount Elphinstone are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Mount Elphinstone leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Mount Elphinstone to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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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Public Transport

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General Points of Interest

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