Thinking about buying in Hindmarsh Valley? Now could not be a better time, with a whopping 528 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $784,000 with prices in this suburb ranging from $281,000 to $1,702,000.Distance to the coast is 1 Km.
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 Hindmarsh Valley 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 Hindmarsh Valley 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 Hindmarsh Valley 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 Hindmarsh Valley 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 Hindmarsh Valley a better buying opportunity than it may have been in the past.
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|Average Properties Within 50M||2.00|
|11 GREENFIELD ST, HINDMARSH VALLEY, SA, 5211||3||2||4||$690,000 - $740,000|
None within suburb boundary(While the above schools are located with the suburb of Hindmarsh Valley 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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