Thinking about buying in White Gums? Now could not be a better time, with just 50 residential dwellings it's a highly sought after location.
The average property price for this area is $2,700,000 with prices in this suburb ranging from $2,646,000 to $2,754,000.Distance to the coast is 891 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in White Gums 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. The slightly lower than average earnings from occupations in White Gums 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. High density population in White Gums 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. Lower than average industry presence in White Gums 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 White Gums a better buying opportunity than it may have been in the past.
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None within suburb boundary(While the above schools are located with the suburb of White Gums there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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