Thinking about buying in Spotswood? Now could not be a better time, with 2150 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,288,000 with prices in this suburb ranging from $412,000 to $14,801,000. Spotswood is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Spotswood Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Spotswood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Spotswood 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 Spotswood 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. High density population in Spotswood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

Houses for sale Spotswood

	UNIT 1, 165 HUDSONS RD, SPOTSWOOD, VIC, 3015	3	2	2	$1,050,000 - $1,150,000
	158 HALL ST, SPOTSWOOD, VIC, 3015	3	2	4	$1,400,000 - $1,500,000
	6 MCLISTER ST, SPOTSWOOD, VIC, 3015	3	1	1	$870,000 - $940,000
	2 MCLISTER ST, SPOTSWOOD, VIC, 3015	2	1	1	Contact agent for price
	UNIT 2, 88 HUDSONS RD, SPOTSWOOD, VIC, 3015	1	1	1	430000
	143 HUDSONS RD, SPOTSWOOD, VIC, 3015	4	1	0	2500000

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General Points of Interest

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