Castle Hill QLD 4810: Property Market Report & Real Estate Insights

Part of Townsville, QLD

Castle Hill Real Estate Market Outlook

Thinking about buying in Castle Hill? Now could not be a better time, with 559 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,329,000 with prices in this suburb ranging from $145,000 to $8,205,000. Castle Hill is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Castle Hill

Consistent high demand relative to supply is a key feature in Castle Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Castle Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Castle Hill 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 Castle Hill 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.

Instant Property Valuation

Castle Hill, located in Townsville, QLD, offers a unique blend of lifestyle and property options, making it a desirable location in the housing market. The suburb is renowned for its stunning views, particularly from the iconic Castle Hill Lookout, which provides panoramic vistas of the city and coastline. The housing market in Castle Hill is characterized by a mix of modern homes and well-maintained older properties, appealing to a broad range of buyers, from young professionals to established families. Despite its tranquil setting, Castle Hill is conveniently close to Townsville's CBD, making it easier for residents to access urban amenities while enjoying suburban serenity. The local real estate market has witnessed moderate growth, reflecting the broader national trends, with high demand for properties that offer both luxurious living and easy access to natural attractions.

Living in Castle Hill provides residents with a harmonious balance between natural beauty and urban accessibility. The suburb's elevated position ensures a cooler climate and a refreshing breeze, which is a welcome feature during Townsville's warmer months. Residents enjoy a variety of outdoor activities, with numerous walking and hiking trails that weave around Castle Hill, offering both exercise and relaxation against a backdrop of breathtaking views. The community is known for its friendly and welcoming atmosphere, making it an ideal place for families and individuals seeking a sense of belonging. In addition to its natural allure, Castle Hill is in close proximity to quality schools, shopping centers, and dining options, ensuring that residents have access to all necessary conveniences. The combination of scenic beauty, community spirit, and accessible amenities makes Castle Hill an attractive place to call home.

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