Thinking about buying in Para Vista? Now could not be a better time, with 1569 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $592,000 with prices in this suburb ranging from $204,000 to $1,455,000. Para Vista is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Para Vista 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 Para Vista 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 Para Vista provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Para Vista requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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 Para Vista

	35 marriott av, para vista, sa, 5093	3	1	2	Contact Agent
	25a kalina av, para vista, sa, 5093	3	2	1	690000
	42 volare av, para vista, sa, 5093	3	2	2	650000
	11a kalina av, para vista, sa, 5093	4	2	1	700000

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General Points of Interest

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