Thinking about buying in Kealba? Now could not be a better time, with 1402 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $925,000 with prices in this suburb ranging from $260,000 to $1,863,000. Kealba is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Kealba Real Estate Market Outlook

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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kealba due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Kealba provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Kealba necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Kealba 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 Kealba a better buying opportunity than it may have been in the past.

Houses for sale Kealba

	1 BUSHBY CT, KEALBA, VIC, 3021	3	1		Auction $650,000 - $690,000
	15 BLETCHLEY PL, KEALBA, VIC, 3021	5	4	2	Auction $890,000 - $950,000
	6 EDGEWARE CL, KEALBA, VIC, 3021	4	2	2	$750,000 - $800,000
	2 KENTON PL, KEALBA, VIC, 3021	3	2	2	$520,000 - $560,000

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General Points of Interest

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