Thinking about buying in Ottoway? Now could not be a better time, with 1510 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $551,000 with prices in this suburb ranging from $276,000 to $1,925,000. Ottoway is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Ottoway Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ottoway due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Ottoway provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Ottoway necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

Houses for sale Ottoway

	88 edward st, ottoway, sa, 5013	3	1		$650,000 TO $670,000
	38 st johns rd, ottoway, sa, 5013	2	1	2	$630,000

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General Points of Interest

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