Thinking about buying in Augusta? Now could not be a better time, with 1727 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $675,000 with prices in this suburb ranging from $179,000 to $2,688,000.
Augusta is located near the coast as well as views of the ocean, demand is likely to be high
|Median Weekly Rent||$263.33|
|Median Monthly Mortgage||$1489.33|
|Median Persons Per Bedroom||0.70|
|Average Household Size||2.00|
|Average Cars Per Dwelling||1.78|
|Average Properties Within 50M||8|
|1 Bed $556,000|
|2 Bed $658,000|
|3 Bed $715,000|
|4 Bed $982,000|
|5 Bed $1,013,000|
In Augusta 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 Augusta due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Augusta leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Augusta to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.
|135 BLACKWOOD AV, AUGUSTA, WA, 6290||Offers around $5,000,000|
|13 OSNABURG ST, AUGUSTA, WA, 6290||$749,999|
|17 CHAMBERLAIN PL, AUGUSTA, WA, 6290||3||2||2||Offers above $829,000|
|62 VICTORIA PDE, AUGUSTA, WA, 6290||Offers above $695,000|
Augusta Primary School(While the above schools are located with the suburb of Augusta there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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