All About Surrey Downs, Tea Tree Gully, SA, 5126

Surrey Downs, located in the Tea Tree Gully area of South Australia, offers a suburban charm with a relatively stable housing market. In recent years, the area has seen moderate fluctuations in property values, largely reflective of broader trends in the South Australian housing market. The suburb is predominantly composed of detached homes, many of which date back to the mid-to-late 20th century, providing spacious and mature surroundings. Housing prices in Surrey Downs tend to be more affordable compared to the Adelaide city center, making it an attractive option for families and first-time homebuyers looking for value and comfort. The demand tends to be steady, driven by the suburb's appeal as a peaceful residential area with access to essential amenities.

Living in Surrey Downs offers a tranquil lifestyle with a community feel, ideal for families and individuals who appreciate suburban living. The area is dotted with parks and recreational areas, such as the Surrey Downs Reserve and Fairleigh Avenue Reserve, providing ample outdoor spaces for leisure activities. Residents benefit from access to local schools, shopping centers, and public transportation, contributing to the convenience of daily life. With its well-maintained streets and a strong sense of community, Surrey Downs fosters a secure and family-friendly atmosphere. Proximity to the Adelaide metropolitan area allows for easy commutes, making it attractive for those who work in the city but prefer a quieter, suburban home environment. Additionally, community events and local initiatives help cultivate a vibrant neighborhood spirit, making Surrey Downs a desirable place to live.

Surrey Downs Real Estate Market Outlook

Thinking about buying in Surrey Downs? Now could not be a better time, with 1592 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $607,000 with prices in this suburb ranging from $253,000 to $1,448,000. The aproximate distance to the coast is 12 Km.

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 Surrey Downs are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Surrey Downs 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 Surrey Downs 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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