All About Mount Kuring-Gai, Hornsby , NSW 2080

Mount Kuring-Gai Real Estate Market Outlook

Thinking about buying in Mount Kuring-Gai? Now could not be a better time, with 1068 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,826,000 with prices in this suburb ranging from $75,000 to $9,855,000. Mount Kuring-Gai is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 Mount Kuring-Gai are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mount Kuring-Gai 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. Medium density in Mount Kuring-Gai necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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

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