All About Picton, Bunbury, WA, 6229

Picton, located in the Bunbury region of Western Australia, offers a unique and appealing housing market that attracts various homebuyers, including families, retirees, and young professionals. Over recent years, the area has witnessed steady growth, with an increasing number of people drawn to its relatively affordable real estate and appealing neighborhood ambiance. Housing options in Picton vary from charming older homes that reflect the character of the region to modern developments that cater to contemporary lifestyles and needs. This diversity in housing ensures that potential buyers can find something to suit their budget and preference. Additionally, the proximity to Bunbury provides residents with the advantage of city-like amenities while still enjoying the tranquility of suburban life.

Living in Picton promises a balanced lifestyle where residents can benefit from both natural beauty and essential conveniences. The suburb is characterized by a community-friendly atmosphere, providing an ideal setting for families due to its access to quality schools, parks, and recreational facilities. Residents often delight in the close-knit community feeling, where neighborhood events and local markets foster strong social connections. The area's proximity to the town of Bunbury offers a gateway to employment opportunities, shopping centers, and a vibrant dining scene, enhancing the overall living experience. Furthermore, Picton is well-connected through public transport and major roadways, making it easy for residents to explore the wider Bunbury region and beyond. Overall, Picton offers a peaceful yet connected lifestyle that appeals to a wide array of people seeking a welcoming place to call home.

Picton Real Estate Market Outlook

Thinking about buying in Picton? Now could not be a better time, with just 187 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $423,000 with prices in this suburb ranging from $328,000 to $502,000. Picton 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.

In Picton there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Picton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Picton 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. Medium density in Picton 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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