Thinking about buying in South Johnstone? Now could not be a better time, with just 382 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $474,000 with prices in this suburb ranging from $177,000 to $716,000. South Johnstone 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.

South Johnstone Real Estate Market Outlook

In South Johnstone 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 South Johnstone 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. The slightly lower than average earnings from occupations in South Johnstone 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. High density population in South Johnstone 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. Lower than average industry presence in South Johnstone 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 South Johnstone a better buying opportunity than it may have been in the past.

Properties for sale South Johnstone

18 henderson st, south johnstone, qld, 4859

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Happy Living: Spacious Home--$295K

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General Points of Interest

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