Thinking about buying in Padbury? Now could not be a better time, with 3978 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $64,000 to $2,072,000. Padbury is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Padbury 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. High average incomes in Padbury 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. Low average earnings from people in Padbury 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 Padbury to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.

Houses for sale Padbury

	unit 2, 21 blackwattle pde, padbury, wa, 6025	3	2	2	Under Contract
	54 durack way, padbury, wa, 6025	5	2	2	900000
	8 hacking pl, padbury, wa, 6025	3	1	3	All Offers Presented B..
	8 helpman way, padbury, wa, 6025	3	1	1	From $889,000
	58 simpson dr, padbury, wa, 6025	3	1	1	$871,000
	35 hunter way, padbury, wa, 6025	4	2	1	UNDER OFFER
	7 nevoria pl, padbury, wa, 6025	4	2	2	UNDER OFFER
	4 newcombe way, padbury, wa, 6025	3	2	1	UNDER OFFER
	8 finstock mews, padbury, wa, 6025	4	2	2	$1,180,000
	unit 4, 21 blackwattle pde, padbury, wa, 6025	3	2	1	UNDER OFFER

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