Queens Park NSW 2022: Property Market Report & Real Estate Insights

Part of Waverley, NSW

Queens Park Real Estate Market Outlook

Thinking about buying in Queens Park? Now could not be a better time, with 1573 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,299,000 with prices in this suburb ranging from $136,000 to $14,416,000. Queens Park 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 Queens Park

Consistent high demand relative to supply is a key feature in Queens Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Queens Park 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. The high percentage of professional people in Queens Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Queens Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

Instant Property Valuation

Queens Park, located in the Waverley area of New South Wales, offers a dynamic and competitive housing market characterized by its blend of modernity and traditional charm. Known for its picturesque landscapes and proximity to both beaches and the Sydney CBD, the suburb is highly sought after, often resulting in a robust property market. Housing here typically includes a mix of beautifully restored Victorian and Federation homes alongside contemporary apartments, appealing to a diverse range of buyers from families to young professionals. The strong demand can often drive prices up, making it competitive, but the investment is often seen as worthwhile given the suburb’s enduring appeal and the lifestyle it supports.

Living in Queens Park provides an exceptional quality of life. Its serene, family-friendly atmosphere is complemented by an assortment of recreational facilities, including the expansive Queens Park and the adjacent Centennial Parklands, which offer abundant outdoor activities from cycling to leisurely walks and picnics. The suburb benefits from a variety of amenities, including boutique shopping, cafes, and restaurants, which enhance its community feel and cater to a cosmopolitan lifestyle. With its excellent schools, convenient transport links, and a vibrant community spirit, Queens Park is not just a place to live but a place to thrive, appealing to those who appreciate both the tranquility and the energy of suburban life near the city.

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