Thinking about buying in Shannon Vale? Now could not be a better time, with just 121 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $452,000 with prices in this suburb ranging from $178,000 to $850,000. The aproximate distance to the coast is 124 Km.

Shannon Vale Real Estate Market Outlook

In Shannon Vale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Shannon Vale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Shannon Vale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Shannon Vale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Recently Sold Properties / House Prices

14-06-2024	$480,000	39 SUNNYVIEW DR
17-01-2024	$1,210,000	800 SHANNON VALE RD
26-10-2023	$140,000	14 SUNNYVIEW DR
02-05-2023	$860,000	5 SUNNYVIEW DR
07-03-2023	$230,000	30 SUNNYVIEW DR
31-01-2023	$425,000	144 SKELETON CREEK RD
12-12-2022	$1,150,000	1574 SHANNON VALE RD
14-10-2022	$380,000	1417 SHANNON VALE RD
09-09-2022	$1,545,000	144 DEYRAH RD
05-04-2022	$525,000	13508 GWYDIR HWY
28-01-2022	$3,350,000	338 LINWOOD RD
06-12-2021	$1,600,000	14437 GWYDIR HWY
19-08-2021	$700,000	363 SHANNON VALE RD
09-08-2021	$90,000	12 SUNNYVIEW DR
25-05-2021	$1,750,000	14317 GWYDIR HWY
24-03-2021	$745,000	101 NUTRITION STATION RD
17-03-2021	$140,000	14 SUNNYVIEW DR
12-02-2021	$700,000	14726 GWYDIR HWY
27-10-2020	$420,000	13983 GWYDIR HWY
28-08-2020	$800,000	1574 SHANNON VALE RD
18-04-2019	$525,000	966 SHANNON VALE RD
01-04-2019	$320,000	52 SUNNYVIEW DR
06-03-2019	$140,000	1609 SHANNON VALE RD
08-11-2018	$630,000	144 DEYRAH RD
27-08-2018	$530,000	18 SUNNYVIEW DR
29-03-2018	$280,000	1574 SHANNON VALE RD
11-09-2017	$1,400,000	1914 SHANNON VALE RD
31-07-2017	$650,000	1067 SHANNON VALE RD
28-02-2017	$510,000	387 SHANNON VALE RD
13-01-2017	$535,000	5 SUNNYVIEW DR
12-01-2017	$1,540,000	2110 SHANNON VALE RD
24-11-2016	$465,000	124 DEYRAH RD
22-12-2015	$325,000	53 SUNNYVIEW DR
03-07-2015	$70,000	12 SUNNYVIEW DR
19-12-2014	$1,520,000	338 LINWOOD RD
03-09-2014	$480,000	13513 GWYDIR HWY
03-03-2014	$378,000	18 SUNNYVIEW DR
04-11-2013	$853,000	15166 GWYDIR HWY
20-02-2013	$80,000	16 SUNNYVIEW DR
18-02-2013	$230,000	141 DEYRAH RD
18-12-2012	$75,000	53 SUNNYVIEW DR
14-10-2011	$75,000	6 SUNNYVIEW DR
27-08-2010	$862,000	303 SHANNON VALE RD
23-01-2006	$690,000	363 SHANNON VALE RD

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Nearby Suburbs

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Public Transport

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General Points of Interest

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