Real Estate Mount Druitt, NSW, 2770 Blacktown

Thinking about buying in Mount Druitt? Now could not be a better time, with a whopping 8429 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,758,000 with prices in this suburb ranging from $81,000 to $3,298,663,000.

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Mount Druitt Real Estate Market Outlook

In Mount Druitt 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 Mount Druitt 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. The slightly lower than average earnings from occupations in Mount Druitt changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Mount Druitt to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.