Hurstville NSW 2220: Property Market Report & Real Estate Insights

Part of Georges River, NSW

Hurstville Real Estate Market Outlook

Thinking about buying in Hurstville? Now could not be a better time, with 22112 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,299,000 with prices in this suburb ranging from $36,000 to $101,613,000. Hurstville is located fairly close to the coast at just 2Km 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 Hurstville

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. Low average incomes in Hurstville 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. A mix of professions and above average income earners in Hurstville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Hurstville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.

Instant Property Valuation

Hurstville is a large suburb in Southern Sydney, New South Wales, in the Local Government Area of Georges River Council – of which it is the administrative centre. Hurstville has just under 30,000 residents, and is a major suburb for commerce and dining, with 2 major shopping centres and a multitude of restaurants, cafes and other eateries. Hurtsville has a number of schools and places of worship. It is a culturally rich and multi-ethnic suburb, with a large Chinese community, which is reflected in the local cuisine and way of life. The suburb also contains a museum and a number of historic buildings.

Hurstville is just 16 kilometres from the central business district of Sydney, and is itself a local economic hub. It is serviced by Hurstville railway station, a major station on the Eastern Suburbs & Illawarra Line, and is just 20 minutes from the heart of Sydney by rail. The A3 highway also cuts through the centre, providing excellent connections by road. As a well-established suburb and a centre of the retail and hospitality industries, it is a conveniently located, sought-after suburb and an excellent place to own property.

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