All About Burraneer, Sutherland, NSW, 2230

Burraneer, located in the Sutherland Shire of New South Wales, has experienced significant growth and interest in its housing market in recent years. Primarily a residential suburb, Burraneer is characterized by its luxurious waterfront properties and expansive family homes, attracting affluent buyers who are drawn to its tranquil setting and proximity to the water. The housing market in Burraneer is quite competitive, with property values reflecting its desirability and exclusivity. As of late, there has been a trend towards renovating or rebuilding existing homes to maximize the breathtaking views and capitalize on the generous lot sizes. This upscale transformation contributes to the suburb’s reputation as a prestigious and sought-after area within the Sutherland Shire, continuing to fuel demand and maintain robust property prices.

Living in Burraneer offers a unique balance of tranquil coastal living with convenient accessibility to urban amenities. The suburb is admired for its scenic vistas and peaceful atmosphere, providing residents with a sense of privacy and space away from the hustle of city life, yet only a short drive from the heart of Sydney. Burraneer Point offers numerous recreational activities, with easy access to various water-based activities such as boating and fishing, thanks to its location on Burraneer Bay. Moreover, the close-knit community in Burraneer values a relaxed, family-friendly lifestyle, supported by excellent local schools, parks, and community facilities. The suburb's natural beauty, coupled with a harmonious blend of modern conveniences and serene surroundings, makes Burraneer an attractive place to live for those seeking an idyllic beachside community with a touch of luxury.

Burraneer Real Estate Market Outlook

Thinking about buying in Burraneer? Now could not be a better time, with 1574 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,873,000 with prices in this suburb ranging from $217,000 to $14,444,000. Burraneer 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 Burraneer driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Burraneer 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 Burraneer provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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 Burraneer 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 Burraneer a better buying opportunity than it may have been in the past.

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