Real Estate Dean Park, NSW, 2761 Blacktown

Thinking about buying in Dean Park? Now could not be a better time, with a whopping 1157 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $892,000 with prices in this suburb ranging from $47,000 to $1,985,000.

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Dean Park 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 Dean Park due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Dean Park changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Dean Park 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 Dean Park 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 Dean Park a better buying opportunity than it may have been in the past.