Thinking about buying in California Gully? Now could not be a better time, with 2484 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $475,000 with prices in this suburb ranging from $107,000 to $1,343,000. The aproximate distance to the coast is 132 Km.

California Gully 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 California Gully 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 California Gully 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. Lower than average population density constrains growth in California Gully to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in California Gully the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale California Gully

	33 arblaster st, california gully, vic, 3556	2	1	1	$430,000 - $449,000
	9 mimosa st, california gully, vic, 3556	3	1	2	$470,000 - $495,000
	52 chapple st, california gully, vic, 3556	3	1	4	$440,000 - $480,000
	unit 2, 35 dowding st, california gully, vic, 3556	2	1	1	$315,000 - $345,000
	8 terage ct, california gully, vic, 3556	3	2	3	Under Offer
	5 brown st, california gully, vic, 3556	3	1	2	Under Offer
	16 youlden st, california gully, vic, 3556	2	1	1	Under Contract
	5 staley st, california gully, vic, 3556	3	1	1	395000
	14 allen st, california gully, vic, 3556	0	0	0	295000

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General Points of Interest

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