Real Estate Shalvey, NSW, 2770 Blacktown

Thinking about buying in Shalvey? Now could not be a better time, with a whopping 1299 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $751,000 with prices in this suburb ranging from $93,000 to $1,548,000.

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Shalvey Real Estate Market Outlook

In Shalvey 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 Shalvey 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 Shalvey 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Shalvey 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 Shalvey a better buying opportunity than it may have been in the past.