Consistent high demand relative to supply is a key feature in City driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in City are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in City 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 City necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
None within suburb boundary(While the above schools are located with the suburb of City 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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