In Amaroo 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Amaroo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Amaroo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Amaroo 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 Amaroo a better buying opportunity than it may have been in the past.
Good Shepherd Primary School(While the above schools are located with the suburb of Amaroo there may also be nearby schools whose catchments cover this suburb)
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
|06-05-2020||$730,000||722 AMAROO RD AMAROO 2866|
|20-04-2020||$2,175,000||270 AMAROO RD AMAROO 2866|
|05-08-2014||$490,000||722 AMAROO RD AMAROO 2866|
|21-10-2010||$462,000||304 AMAROO RD AMAROO 2866|
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