Thinking about buying in South Arm? Now could not be a better time, with 637 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $402,000 with prices in this suburb ranging from $13,000 to $1,831,000. South Arm is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

South Arm Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in South Arm driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in South Arm 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 South Arm 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. High density population in South Arm requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

Houses for sale South Arm

	unit 1, 3131 south arm rd, south arm, tas, 7022	4	2	2	$1,250,000 +
	3185 south arm rd, south arm, tas, 7022	3	1	7	Offers Over $779,000
	3180 south arm rd, south arm, tas, 7022	3	2	4	Offers over $1,550,000
	2 balemo st, south arm, tas, 7022	4	2	4	1050000

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