Thinking about buying in Stewarts Mount? Now could not be a better time, with just 6 residential dwellings it's a highly sought after location.
The average property price for this area is $766,000 with prices in this suburb ranging from $766,000 to $766,000.
Distance to the coast is 155 Km.
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In Stewarts Mount 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 Stewarts Mount 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. A mix of professions and above average income earners in Stewarts Mount provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Stewarts Mount 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.
Eglinton Public School(While the above schools are located with the suburb of Stewarts Mount there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
|18-12-2015||$2,000,000||311 OPHIR RD STEWARTS MOUNT 2795|
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