Real Estate Chiton, SA, 5211 Alexandrina

Thinking about buying in Chiton? Now could not be a better time, with a whopping 582 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $640,000 with prices in this suburb ranging from $542,000 to $879,000.

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Chiton Real Estate Market Outlook

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 Chiton 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 Chiton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Chiton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.