Revesby NSW 2212: Property Market Report & Real Estate Insights

Part of Canterbury-Bankstown, NSW

Revesby Real Estate Market Outlook

Thinking about buying in Revesby? Now could not be a better time, with 8332 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,139,000 with prices in this suburb ranging from $14,000 to $787,520,000. Revesby is located fairly close to the coast at just 9Km 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 Revesby

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 Revesby 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 Revesby 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 Revesby 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

Revesby, situated in the Canterbury-Bankstown area of New South Wales, has experienced noticeable activity in its housing market in recent years. As part of Sydney’s sprawling suburban landscape, Revesby offers a mix of older, established homes and newer developments, reflecting the suburb’s ongoing evolution. Recent trends indicate a moderate increase in property values, largely driven by the suburb's appeal to families and young professionals seeking affordability without sacrificing access to essential amenities and transportation networks. The area benefits from close proximity to the Revesby railway station, which offers efficient transit options into Sydney's central business district, thus enhancing its attractiveness for those commuting to the city for work. As such, demand in the housing market remains steady, resulting in a competitive but accessible environment for potential homeowners and investors alike.

Living in Revesby offers a blend of suburban comfort and urban convenience, making it a preferred choice for diverse demographics. The community is known for its friendly and multicultural atmosphere, which is reflected in the variety of local eateries, shops, and community events that cater to a wide array of cultures. For families, Revesby presents a safe and nurturing environment equipped with numerous parks, schools, and sporting facilities, providing ample opportunities for recreation and social engagement. The suburb's local retail precincts and close-knit community vibe make everyday life convenient and enjoyable. Additionally, the proximity to the Georges River and surrounding parklands provides residents with accessible natural settings for relaxation and outdoor activities. Overall, Revesby offers a balanced lifestyle with the benefits of suburban living within reach of Sydney's vibrant city life.

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