Exeter SA 5019: Property Market Report & Real Estate Insights

Part of Port Adelaide Enfield, SA

Exeter Real Estate Market Outlook

Thinking about buying in Exeter? Now could not be a better time, with 728 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $714,000 with prices in this suburb ranging from $338,000 to $1,855,000. Exeter 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 Exeter

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 Exeter 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. The slightly lower than average earnings from occupations in Exeter 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Exeter the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Exeter, located within the Port Adelaide Enfield region of South Australia, presents a unique blend of suburban charm and industrial heritage, making its housing market both appealing and dynamic. The area features a mix of housing styles, including classic older homes and newer developments, reflecting its rich history and ongoing growth. Over recent years, Exeter has seen a steady appreciation in property values, driven by its proximity to amenities and the growing appeal of the Port Adelaide precinct. Despite this, housing remains relatively affordable compared to more central locations in Adelaide, making it an attractive option for young families and first-time buyers looking for community-oriented living without breaking the bank.

Living in Exeter offers residents a comfortable lifestyle with a distinctly laid-back vibe. Its close-knit community is supported by various local amenities, including parks, schools, and shopping centers, ensuring all daily needs are easily met. The suburb's location allows for convenient access to public transport, making commutes into Adelaide's city center manageable for those working in the CBD. Additionally, Exeter's proximity to the Port River and nearby beaches provides ample recreational opportunities, contributing to a balanced, enjoyable living experience. The area's cultural diversity and historical roots are celebrated through local events and gatherings, fostering a welcoming environment for newcomers and long-term residents alike.

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