Scullin ACT 2614: Property Market Report & Real Estate Insights

Part of Unincorporated ACT, ACT

Scullin Real Estate Market Outlook

Thinking about buying in Scullin? Now could not be a better time, with 1533 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $688,000 with prices in this suburb ranging from $69,000 to $3,216,000. The approximate distance to the coast is 115 Km.

Living in Scullin

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Scullin are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Scullin 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 Scullin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Scullin we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Scullin a better buying opportunity than it may have been in the past.

Instant Property Valuation

Scullin, located in the Belconnen district of the Australian Capital Territory (ACT), offers a diverse and evolving housing market. Over recent years, Scullin has gained attention due to its relatively affordable housing options compared to other Canberra suburbs. The area features a mix of older homes, many of which date back to the 1970s, as well as more modern developments, offering a range of choices for buyers and renters. This diversity in housing appeals to first-time homebuyers and investors alike, seeking investment opportunities in a burgeoning market. Scullin's proximity to key areas such as the Belconnen Town Centre, educational institutions, and various employment hubs further enhances its attractiveness. With the ACT government's investment in infrastructure and community amenities, Scullin continues to grow as a suburban residential choice.

Living in Scullin provides a peaceful, community-centric lifestyle with ample amenities and green spaces. The suburb's community is known for its welcoming atmosphere, fostering a sense of belonging among residents. Scullin features several parks and recreational areas, offering residents opportunities for outdoor activities and family-friendly outings. Public transportation is accessible and efficient, linking Scullin with other parts of Canberra, making it convenient for daily commuting. The local schools, shopping options, and health facilities contribute to a comfortable and convenient living experience. Additionally, the ongoing development in the Belconnen area suggests that Scullin will continue to benefit from enhanced services and infrastructure, making it an attractive option for those seeking a balanced work-life environment in the ACT.

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