All About Avalon, Greater Geelong, VIC, 3212

The housing market in Avalon, a charming suburb of Greater Geelong in Victoria, presents a unique opportunity for both first-time homebuyers and seasoned investors. With its strategic location near the picturesque shores of Port Phillip Bay and close proximity to Geelong’s bustling city center, Avalon offers a blend of serene suburban living and convenient urban access. In recent years, the area has witnessed steady growth, which can be attributed to its competitive property prices when compared to other nearby suburbs. This affordability, coupled with increasing demand, has led to a modest but consistent appreciation in property values, making it an attractive prospect for those looking to enter the market. Additionally, continued infrastructure developments and improved transport links have enhanced connectivity to Melbourne, further bolstering Avalon’s appeal to commuters seeking more affordable housing options outside the city.

Living in Avalon provides residents with a relaxed lifestyle steeped in natural beauty and community spirit. The suburb is characterized by its wide, open spaces and a laid-back atmosphere that is ideal for families and individuals longing for a quieter pace of life. Its proximity to the bay provides residents with plenty of opportunities for outdoor activities such as fishing, boating, and beachfront picnics. Avalon is also well-served by essential amenities, including schools, shopping centers, and recreational facilities, which contribute to its family-friendly environment. The close-knit community is one of Avalon’s defining features, with local events and gatherings fostering a strong sense of belonging and camaraderie among residents. As a growing hub that balances tranquility with accessibility, Avalon continues to attract those yearning for an inviting and harmonious living experience within Greater Geelong.

Avalon Real Estate Market Outlook

Thinking about buying in Avalon? Now could not be a better time, with just 177 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,346,000 with prices in this suburb ranging from $932,000 to $2,059,000. Avalon is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Avalon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Avalon 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. A mix of professions and above average income earners in Avalon 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 Avalon 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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