Thinking about buying in Pooraka? Now could not be a better time, with 4507 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $561,000 with prices in this suburb ranging from $205,000 to $7,697,000. Pooraka is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Pooraka 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 Pooraka due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Pooraka changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Pooraka necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Pooraka 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 Pooraka a better buying opportunity than it may have been in the past.

Houses for sale Pooraka

	13 SAXON ST, POORAKA, SA, 5095	4	1	3	Auction Thursday 14th November at 5:30PM (USP)
	9 LAKE DR, POORAKA, SA, 5095	4	2	1	Please Call
	UNIT 1, 36A SCOTT ST, POORAKA, SA, 5095	3	2	3	429000

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General Points of Interest

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