Thinking about buying in Spring Gully? Now could not be a better time, with 1979 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $647,000 with prices in this suburb ranging from $89,000 to $1,952,000. The aproximate distance to the coast is 123 Km.

Spring Gully Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Spring Gully are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Spring Gully 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 Spring Gully 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 Spring Gully 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 Spring Gully a better buying opportunity than it may have been in the past.

Houses for sale Spring Gully

	2A BURNS ST, SPRING GULLY, VIC, 3550	5	2	3	$840,000
	UNIT 2, 185A RETREAT RD, SPRING GULLY, VIC, 3550	3	2	2	$695,000 to $750,000
	UNIT 143, BENDIGO RETIREMENT VILLAGE, 33 MANDURANG RD, SPRING GULLY, VIC, 3550	2	1	1	$395,000 - $425,000
	2A ALLOTT CT, SPRING GULLY, VIC, 3550	3	1	2	$575,000 - $625,000
	20 BRONWYN CT, SPRING GULLY, VIC, 3550				$520,000 - $540,000
	UNIT 1, 72A SPRING GULLY RD, SPRING GULLY, VIC, 3550	3	2	2	750000

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General Points of Interest

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