All About Normanhurst, Hornsby , NSW 2076

Normanhurst Real Estate Market Outlook

Thinking about buying in Normanhurst? Now could not be a better time, with 2885 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,855,000 with prices in this suburb ranging from $30,000 to $12,230,000. The aproximate distance to the coast is 16 Km.

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. High average incomes in Normanhurst ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Normanhurst 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 Normanhurst 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

Normanhurst, a quaint suburb in Hornsby, NSW, is known for its suburban charm, leafy streets, and sense of community. The housing market in Normanhurst is characterized by a blend of older, well-maintained homes and modern residences, offering a variety of options for buyers. In recent years, the suburb has experienced a steady increase in property values, reflecting its growing popularity among families and professionals seeking a balance between urban convenience and suburban tranquility. The demand in Normanhurst is driven by its proximity to quality schools, including Normanhurst Boys’ High School and Loreto Normanhurst, as well as its easy access to transportation, with Normanhurst railway station providing convenient links to Sydney's CBD and surrounding areas. Buyers are often attracted to the spacious tree-lined streets and larger block sizes, which are becoming increasingly rare closer to the city.

Living in Normanhurst offers residents a peaceful suburban lifestyle with the benefits of excellent amenities. The suburb boasts a friendly, tight-knit community atmosphere with various local events and activities. Parks and green spaces, such as Normanhurst Park and Larool Avenue Park, offer residents opportunities for outdoor recreation, contributing to a high quality of life. It is also conveniently located near the Hornsby and Wahroonga shopping precincts, providing a range of retail, dining, and entertainment options. Overall, Normanhurst combines the tranquility of suburban living with the convenience of urban amenities, making it an attractive option for those looking to enjoy a balanced lifestyle.

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