Thinking about buying in Gledhow? Now could not be a better time, with a whopping 659 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $571,000 with prices in this suburb ranging from $144,000 to $966,000.Distance to the coast is 1 Km.
In Gledhow there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Gledhow are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Gledhow leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Gledhow necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
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|4 MOORTOWN RD, GLEDHOW, WA, 6330||0||0||0||Offers Above $385,000|
Mount Lockyer Primary School
North Albany Senior High School
Albany Secondary Education Support Centre(While the above schools are located with the suburb of Gledhow there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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