Thinking about buying in Ellen Grove? Now could not be a better time, with 2010 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $642,000 with prices in this suburb ranging from $241,000 to $3,754,000. The aproximate distance to the coast is 27 Km.

Ellen Grove 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 Ellen Grove due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Ellen Grove classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ellen Grove 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Ellen Grove

	10 SOUTHAMPTON RD, ELLEN GROVE, QLD, 4078	3	1	2	Please Call
	10 JULIE RD, ELLEN GROVE, QLD, 4078	3	2	2	EXPRESSIONS OF INTEREST
	99 JULIE RD, ELLEN GROVE, QLD, 4078	0	0	0	300000
	68 BAGNALL ST, ELLEN GROVE, QLD, 4078	7	2	10	2200000
	UNIT 17, 2 SIENNA ST, ELLEN GROVE, QLD, 4078	3	2	1	449000

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General Points of Interest

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