All About Upper Sturt, Adelaide Hills, SA, 5156

Upper Sturt, located in the picturesque Adelaide Hills of South Australia, is known for its serene and natural surroundings. The housing market in this area tends to reflect its tranquil setting, with properties often featuring larger blocks of land amidst lush greenery. Upper Sturt offers a mix of charming older homes and modern builds, appealing to those seeking a semi-rural lifestyle with the convenience of being just a short drive from the Adelaide city center. The market here can be competitive, as many people are drawn to the region for its peaceful environment and community-centric atmosphere, often resulting in steady demand for properties.

Living in Upper Sturt provides residents with a unique blend of a rural feel while maintaining proximity to urban amenities. The area is characterized by its stunning landscapes, including forests and rolling hills, making it ideal for outdoor enthusiasts who enjoy hiking, cycling, and exploring nature trails. The community is tight-knit and supportive, with local events and markets bringing people together. Additionally, Upper Sturt's location offers easy access to quality schools, shops, and services in nearby towns, as well as a lovely selection of wineries and eateries scattered throughout the Adelaide Hills. Overall, Upper Sturt provides a serene and nature-rich living environment that is highly appealing to families, retirees, and anyone looking to escape the hustle and bustle of city life.

Upper Sturt Real Estate Market Outlook

Thinking about buying in Upper Sturt? Now could not be a better time, with just 476 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $928,000 with prices in this suburb ranging from $303,000 to $1,077,000. The aproximate distance to the coast is 12 Km.

Consistent high demand relative to supply is a key feature in Upper Sturt driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Upper Sturt 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 Upper Sturt 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 Upper Sturt 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.

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