Thinking about buying in Royal Park? Now could not be a better time, with 2116 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $636,000 with prices in this suburb ranging from $303,000 to $2,355,000. Royal Park 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.

Royal Park 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 Royal Park 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 Royal Park 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. Lower than average population density constrains growth in Royal Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Royal Park 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 Royal Park a better buying opportunity than it may have been in the past.

Properties for sale Royal Park

	unit 30c, 30a-30b tapleys hill rd, royal park, sa, 5014	3	2	2	870000
	unit 1, 113 crown tce, royal park, sa, 5014	3	1	1	Contact Paul Aoukar
	117 maple av, royal park, sa, 5014	4	1	1	800000
	13 amos way, royal park, sa, 5014	3	1	3	735000
	52 palm av, royal park, sa, 5014	3	1	1	700000
	27 royal tce, royal park, sa, 5014	0	0	0	750000

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General Points of Interest

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