Thinking about buying in Bagotville? Now could not be a better time, with just 38 residential dwellings it's a highly sought after location.
The average property price for this area is $1,118,000 with prices in this suburb ranging from $471,000 to $1,465,000.
Distance to the coast is 4 Km.
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Bagotville is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Bagotville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Bagotville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Bagotville 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 Bagotville a better buying opportunity than it may have been in the past.
Broadwater Public School(While the above schools are located with the suburb of Bagotville there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
|29-11-2021||$522,000||137 GAHANS RD BAGOTVILLE 2477|
|16-02-2021||$615,000||649 OLD BAGOTVILLE RD BAGOTVILLE 2477|
|14-09-2020||$500,000||50 OLD BAGOTVILLE RD BAGOTVILLE 2477|
|26-10-2018||$500,000||137 GAHANS RD BAGOTVILLE 2477|
|21-09-2018||$670,000||406 OLD BAGOTVILLE RD BAGOTVILLE 2477|
|12-01-2018||$555,000||350 OLD BAGOTVILLE RD BAGOTVILLE 2477|
|24-02-2017||$320,000||137 GAHANS RD BAGOTVILLE 2477|
|31-10-2016||$570,000||428 BAGOTVILLE RD BAGOTVILLE 2477|
|02-04-2015||$595,000||771 BAGOTVILLE RD BAGOTVILLE 2477|
|09-03-2009||$700,000||692 BAGOTVILLE RD BAGOTVILLE 2477|
|10-12-2007||$270,000||135 GAHANS RD BAGOTVILLE 2477|
|05-11-2007||$399,000||645 OLD BAGOTVILLE RD BAGOTVILLE 2477|
|24-07-2006||$100,000||31 CHINAMANS LANE BAGOTVILLE 2477|
|14-06-2006||$390,000||725 BAGOTVILLE RD BAGOTVILLE 2477|
|09-12-2005||$407,500||771 BAGOTVILLE RD BAGOTVILLE 2477|
|05-08-2005||$380,000||645 OLD BAGOTVILLE RD BAGOTVILLE 2477|
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