All About North West Cape, Exmouth, WA, 6707

The housing market in North West Cape, particularly in Exmouth, WA, is characterized by its unique appeal and challenges. Known for its stunning natural beauty and proximity to the Ningaloo Reef, Exmouth has seen a growing interest from both investors and those seeking a sea change. The demand in the area has contributed to a competitive market with rising property prices, often reflecting the national trend observed in coastal towns. Homes range from charming, older-style residences to modern beachfront properties, giving buyers a range of options depending on their preferences and budgets. Additionally, the local government's support for sustainable and responsible development ensures that the natural charm of the area is preserved, making it a compelling choice for long-term investment.

Living in Exmouth offers a laid-back lifestyle infused with adventure and nature. Residents enjoy a close-knit community atmosphere, where local events and small-town vibes create a welcoming environment for both families and retirees. Outdoor enthusiasts revel in the recreational opportunities available, from snorkeling in the pristine waters of the Ningaloo Reef to exploring the rugged beauty of the Cape Range National Park. The town itself offers essential amenities and services, with a few cafes, shops, and schools catering to daily needs. While remote, the town’s idyllic setting compensates with a life that seamlessly blends work, leisure, and the outdoors, making Exmouth a sought-after location for those looking to embrace a peaceful yet active lifestyle by the ocean.

North West Cape Real Estate Market Outlook

Thinking about buying in North West Cape? Now could not be a better time, with just 147 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $790,000 with prices in this suburb ranging from $340,000 to $1,805,000. North West Cape 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

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 North West Cape are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in North West Cape 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. 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. 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.

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General Points of Interest

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