Real Estate Bexley North, NSW, 2207 Bayside (NSW)

Thinking about buying in Bexley North? Now could not be a better time, with a whopping 2079 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,621,000 with prices in this suburb ranging from $110,000 to $5,116,000.

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Bexley North 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. 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 Bexley North 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 Bexley North 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 Bexley North 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 Bexley North 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 Bexley North a better buying opportunity than it may have been in the past.