Thinking about buying in Winkie? Now could not be a better time, with just 284 residential dwellings it's a highly sought after location.
The average property price for this area is $435,000 with prices in this suburb ranging from $160,000 to $691,000.Distance to the coast is 185 Km.
In Winkie 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Winkie due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Winkie leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Winkie necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Winkie 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 Winkie a better buying opportunity than it may have been in the past.
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|81 BILL HUNT RD, WINKIE, SA, 5343||3||1||2|
None within suburb boundary(While the above schools are located with the suburb of Winkie 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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