Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Glendalough ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glendalough classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Glendalough necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
|7 CAYLEY ST, GLENDALOUGH, WA, 6016||3||2||2||Under Offer|
|UNIT 41, 309 HARBORNE ST, GLENDALOUGH, WA, 6016||2||1||1||From $300k|
|UNIT 14, 54 POLLARD ST, GLENDALOUGH, WA, 6016||3||1||FROM $349,000|
|UNIT 2, 27 POLLARD ST, GLENDALOUGH, WA, 6016||2||2||1||$410,000|
|UNIT 54, 42 POLLARD ST, GLENDALOUGH, WA, 6016||2||1||1||COMING SOON! - From $369k|
Chrysalis Montessori School(While the above schools are located with the suburb of Glendalough 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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