Thinking about buying in Mayers Flat? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $827,000 with prices in this suburb ranging from $778,000 to $1,259,000. Mayers Flat is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Mayers Flat Real Estate Market Outlook

In Mayers 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 Mayers 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. Low average earnings from people in Mayers Flat 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. 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. With very low industrial sector presence in Mayers Flat the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Mayers Flat

149 HUBBARDS RD SOUTH, MAYERS FLAT, NSW, 2423

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$450 Per Week

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Recently Sold Properties / House Prices

19-06-2020	$770,000	34 HUBBARDS RD S
03-11-2017	$800,000	131 MAYERS POINT RD
24-05-2017	$1,500,000	100 PARSONS RD
24-05-2017	$2,250,000	1292 THE LAKES WAY
24-05-2017	$416,666	79 HUBBARDS RD S
01-10-2013	$260,000	36 SHINGLERS CREEK RD
28-03-2012	$205,000	125 HUBBARDS RD S
14-12-2011	$700,000	1644 THE LAKES WAY
30-07-2008	$75,000	131 MAYERS PT RD
15-07-2008	$300,000	1851 THE LAKES WAY
27-04-2007	$1,420,000	100 PARSONS RD
22-03-2005	$160,000	1851 THE LAKES WAY
26-11-2004	$3,454	22 HUBBARDS RD S

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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