Thinking about buying in Waurn Ponds? Now could not be a better time, with 2039 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,021,000 with prices in this suburb ranging from $260,000 to $4,504,000. Waurn Ponds is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Waurn Ponds 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. High average incomes in Waurn Ponds 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 Waurn Ponds 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 Waurn Ponds 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 Waurn Ponds

	unit 2, 21 ghazeepore rd, waurn ponds, vic, 3216				$350,000 - $370,000
	47 oakwood cr, waurn ponds, vic, 3216	6	2	2	765000

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General Points of Interest

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