Ramsgate NSW 2217: Property Market Report & Real Estate Insights

Part of Bayside (NSW), NSW

Ramsgate Real Estate Market Outlook

Thinking about buying in Ramsgate? Now could not be a better time, with 992 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,660,000 with prices in this suburb ranging from $427,000 to $7,091,000. Ramsgate is located fairly close to the coast at just 0Km 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 Ramsgate

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Ramsgate 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 Ramsgate provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Ramsgate 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

Ramsgate, located in the Bayside Council area of New South Wales, offers a unique blend of suburban tranquility and coastal charm, making it an attractive area for potential homeowners. The housing market in Ramsgate is known for its diversity, featuring a mix of classic single-family homes, modern apartments, and townhouses. This variety means there is something to suit a range of budgets and lifestyle preferences. As of recent years, the market has seen moderate activity with steady demand, driven by its proximity to the Sydney CBD, the local beaches, and amenities. The area tends to attract families and professionals who appreciate the balance of accessible city living with a laid-back neighborhood vibe. While the property prices have historically been more affordable compared to some of Sydney’s inner suburbs, there has been a noticeable uptick, reflecting its growing popularity.

Living in Ramsgate offers residents a quintessential beachside experience while remaining connected to urban conveniences. The community is vibrant and welcoming, with a host of local amenities including shopping precincts, cafes, and restaurants, particularly along Ramsgate Road. The area is well-serviced by public transport, providing easy commutes to Sydney’s bustling city center. For families, the presence of well-regarded schools and parks adds to its appeal. Additionally, the close proximity to Botany Bay means residents have easy access to beautiful beaches and recreational areas, ideal for weekend relaxation and water activities. Overall, Ramsgate offers a relaxed coastal lifestyle without sacrificing the benefits of metropolitan access, making it a desirable location for many looking to settle in the Sydney area.

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