Pagewood NSW 2035: Property Market Report & Real Estate Insights

Part of Bayside (NSW), NSW

Pagewood Real Estate Market Outlook

Thinking about buying in Pagewood? Now could not be a better time, with 1620 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,362,000 with prices in this suburb ranging from $517,000 to $15,297,000. Pagewood 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.

Living in Pagewood

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 Pagewood 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 Pagewood provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Pagewood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Pagewood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Pagewood a better buying opportunity than it may have been in the past.

Instant Property Valuation

Pagewood, located within the Bayside Council area in New South Wales, is a suburb that has been gaining attention in the Sydney real estate market. With its proximity to both the city and the beach, the housing market here reflects a blend of suburban tranquility and urban convenience. The area predominantly features a mix of single-family homes and progressively more medium-density dwellings due to ongoing development projects. Median property prices have seen a steady rise, driven by Pagewood’s appeal to families and young professionals alike who value the combination of space, community atmosphere, and accessibility. This demand is complemented by recent infrastructure investments and the suburb’s vibrant growth, drawing both investors and homebuyers interested in capital growth potential and lifestyle advantages.

Living in Pagewood offers a balanced lifestyle, characterized by its green spaces and community-oriented environment. The suburb is home to numerous parks and golf courses, such as the expansive Bado-Berong Reserve, providing plentiful recreational opportunities. Its proximity to shopping centers, such as Westfield Eastgardens, ensures that residents have convenient access to a range of retail and dining options. Additionally, Pagewood is well-served by public transport, making commutes to the Sydney CBD manageable for residents. The community spirit is reinforced by local schools, sports clubs, and a family-friendly atmosphere, making it an attractive choice for those seeking a peaceful living environment without sacrificing the advantages of cosmopolitan living.

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