Thinking about buying in Mount Elliot? Now could not be a better time, with just 75 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,809,000 with prices in this suburb ranging from $996,000 to $3,119,000. Mount Elliot is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Mount Elliot Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Mount Elliot due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mount Elliot 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 Mount Elliot 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 Mount Elliot a better buying opportunity than it may have been in the past.

Properties for sale Mount Elliot

23 DORIT CL, MOUNT ELLIOT, NSW, 2250

3

2

2

$1,250,000 - $1,320,000

---

---

---

---

Recently Sold Properties / House Prices

23-08-2024	$2,300,000	91 TOOMEYS RD
29-01-2024	$1,270,000	23 DORIT CL
18-10-2023	$2,090,000	44 OLIVER RD
18-08-2023	$1,300,000	60 OLIVER RD
12-04-2022	$1,400,000	41 TOOMEYS RD
14-03-2022	$3,000,000	20 DORIT CL
03-08-2021	$1,950,000	63 TAPLEY RD
16-07-2021	$2,750,000	25 ATKINSON RD
15-01-2021	$1,263,000	3 MOUNT ELLIOT PL
19-06-2020	$337,500	18 ATKINSON RD
02-06-2020	$850,000	15 MOUNT ELLIOT PL
14-05-2020	$720,000	41 TOOMEYS RD
02-12-2019	$1,300,000	26 ATKINSON RD
07-12-2018	$1,385,000	94 TOOMEYS RD
21-09-2018	$1,250,000	31 DORIT CL
22-06-2018	$160,000	17 MOUNT ELLIOT PL
08-06-2018	$1,225,000	26 ATKINSON RD
11-04-2018	$1,130,000	12 ATKINSON RD
12-12-2017	$1,230,000	56 ATKINSON RD
07-12-2017	$1,515,000	59 TOOMEYS RD
14-09-2017	$855,000	22 MOUNT ELLIOT PL
09-06-2017	$1,700,000	20 DORIT CL
23-05-2017	$1,850,000	25 ATKINSON RD
04-05-2016	$945,000	27 DORIT CL
26-10-2015	$735,500	64 TAPLEY RD
29-04-2015	$1,030,000	38 ATKINSON RD
15-08-2014	$800,000	35 OLIVER RD
15-08-2014	$780,000	38 MOUNT ELLIOT PL
08-05-2014	$770,000	27 DORIT CL
23-01-2014	$412,000	15 MOUNT ELLIOT PL
18-10-2013	$790,000	26 ATKINSON RD
03-09-2013	$575,000	31 DORIT CL
10-05-2013	$732,500	64 TAPLEY RD
14-01-2013	$840,000	73 TOOMEYS RD
08-05-2012	$1,284,000	20 DORIT CL
24-02-2012	$690,000	20 MOUNT ELLIOT PL
05-12-2011	$640,000	30 TAPLEY RD
11-10-2011	$520,000	17 MOUNT ELLIOT PL
16-09-2011	$355,000	38 ATKINSON RD
27-07-2011	$160,000	30 TAPLEY RD
20-07-2011	$1,450,000	25 ATKINSON RD
17-01-2011	$663,000	46 OLIVER RD
24-06-2010	$770,000	63 TAPLEY RD
11-08-2009	$780,000	2 TOOMEYS RD
14-12-2007	$722,500	27 DORIT CL

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!