Real Estate Lower Hermitage, SA, 5131 Adelaide Hills

Thinking about buying in Lower Hermitage? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location.

The average property price for this area is $721,000 with prices in this suburb ranging from $632,000 to $810,000.

Distance to the coast is 17 Km.

Instant Valuation

Lower Hermitage Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Lower Hermitage driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lower Hermitage 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. A mix of professions and above average income earners in Lower Hermitage provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Lower Hermitage 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.

About

Household makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M 3.00

Housing Stock

Properties for sale Lower Hermitage

RayWhite 516 LOWER HERMITAGE RD, LOWER HERMITAGE, SA, 5131 4 2 12 Best Offer

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Lower Hermitage there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Lower Hermitage weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.616.931.824.771.84.727.5
Feb0.916.630.229.974.94.423.4
Mar0.914.327.233.080.04.118.8
Apr1.111.624.136.784.33.614.5
May1.69.119.448.590.83.69.7
Jun1.76.716.456.892.93.68.8
Jul1.76.215.955.394.749.0
Aug1.46.116.752.494.1411.6
Sept1.58.520.241.889.54.616.5
Oct0.710.624.232.484.14.522.6
Nov0.412.326.428.980.64.527.0
Dec0.715.029.526.375.64.828.0

source: Australian Government Bureau of Meteorology



Internet Speed

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Nearby Suburbs

Upper HermitageInglewoodYatala ValeHoughtonMillbrookFairview ParkBanksia ParkGolden GroveTea Tree GullySampson Flat

Public Transport

Elizabeth Interchange - Greater then 10KM Elizabeth South - Greater then 10KM Womma - Greater then 10KM Chidda - Greater then 10KM Greenfields - Greater then 10KM Nurlutta - Greater then 10KM Parafield Gardens - Greater then 10KM Parafield - Greater then 10KM Salisbury Interchange - Greater then 10KM Broadmeadows - Greater then 10KM

General Points of Interest

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