Thinking about buying in Hermitage Flat? Now could not be a better time, with just 197 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $326,000 with prices in this suburb ranging from $44,000 to $906,000. The aproximate distance to the coast is 97 Km.

Hermitage Flat Real Estate Market Outlook

In Hermitage Flat 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. Low average incomes in Hermitage Flat 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 Hermitage Flat 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. Lower than average industry presence in Hermitage Flat 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 Hermitage Flat a better buying opportunity than it may have been in the past.

Properties for sale Hermitage Flat

6 DAVY ST, HERMITAGE FLAT, NSW, 2790

2

1

0

$380 per week

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Recently Sold Properties / House Prices

15-08-2023	$465,000	55 COALBROOK ST
27-07-2023	$495,000	77 COALBROOK ST
19-06-2023	$345,000	25 STEPHENSON ST
30-03-2023	$430,000	10 WEAR ST
20-01-2023	$499,000	12 STEPHENSON ST
23-11-2022	$385,000	26 GEORDIE ST
31-10-2022	$250,000	12 DAVY ST
13-10-2022	$390,000	32 COALBROOK ST
19-09-2022	$400,000	40 GEORDIE ST
22-07-2022	$338,000	51 COALBROOK ST
29-06-2022	$425,000	12 COALBROOK ST
31-08-2021	$195,000	38 GEORDIE ST
28-05-2021	$380,000	49 STEPHENSON ST
11-05-2021	$285,000	2 / 9 COALBROOK ST
23-04-2021	$330,000	13 STEPHENSON ST
13-04-2021	$455,000	4 GEORDIE ST
19-03-2021	$255,000	25 COALBROOK ST
22-01-2021	$295,000	73 COALBROOK ST
04-12-2020	$349,000	15 COALBROOK ST
27-11-2020	$250,000	38 COALBROOK ST
22-10-2020	$370,000	6 JAMES ST
20-10-2020	$227,000	49 STEPHENSON ST
21-09-2020	$280,000	10 DAVY ST
14-09-2020	$257,550	55 STEPHENSON ST
28-08-2020	$315,000	10 WEAR ST
18-08-2020	$247,000	41 STEPHENSON ST
30-06-2020	$315,000	22 ALBERT ST
06-04-2020	$210,000	29 COALBROOK ST
20-01-2020	$260,000	41 COALBROOK ST
13-12-2019	$300,000	14 STEPHENSON ST
26-09-2019	$265,000	65 COALBROOK ST
19-06-2019	$270,000	4 WEAR ST
31-05-2019	$280,000	85 COALBROOK ST
15-04-2019	$265,000	22 GEORDIE ST
05-04-2019	$112,000	14 STEPHENSON ST
25-02-2019	$670,000	3 COALBROOK ST
09-11-2018	$270,000	15 COALBROOK ST
27-08-2018	$270,000	53 STEPHENSON ST
13-07-2018	$285,000	4 / 9 COALBROOK ST
29-06-2018	$230,000	2 STEPHENSON ST
30-04-2018	$315,000	24 ALBERT ST
05-04-2018	$375,000	5 COALBROOK ST
26-03-2018	$278,000	43 STEPHENSON ST
15-03-2018	$310,000	44 COALBROOK ST
14-03-2018	$230,000	5 DAVY ST
22-02-2018	$310,000	53 COALBROOK ST
22-01-2018	$375,000	9 ALBERT ST
21-12-2017	$80,000	45 COALBROOK ST
17-11-2017	$290,000	99 COALBROOK ST
15-09-2017	$315,000	61 COALBROOK ST

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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Public Transport

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General Points of Interest

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