All About Cherry Gardens, Onkaparinga, SA, 5157

Cherry Gardens, located in the Onkaparinga region of South Australia, offers a serene and picturesque setting that attracts those looking for a peaceful rural lifestyle. The housing market in Cherry Gardens is characterized by its charming blend of traditional homes and modern dwellings, often situated on larger plots of land. This area provides an appealing option for families and individuals who appreciate open spaces and a sense of privacy, yet still want to be within reasonable commuting distance to Adelaide. With its rolling hills and abundant greenery, properties here tend to draw interest from buyers seeking both a natural environment and the benefits of living in a tight-knit community. Though the market can be competitive, the investment is often considered worthwhile due to the desirable lifestyle it affords.

Living in Cherry Gardens offers a unique combination of rural tranquility and community spirit. Residents enjoy a peaceful atmosphere enriched by the natural beauty that surrounds this charming suburb. The area is well-regarded for its friendly community and is ideal for those who enjoy outdoor activities, with plenty of opportunities for hiking, horse riding, and exploring nearby conservation parks. The community's dedication to maintaining its natural environment is evident, with local initiatives focusing on sustainability and wildlife conservation. Despite its rural feel, Cherry Gardens is conveniently located near key amenities and services, ensuring residents do not have to sacrifice modern comforts. This balance of nature and convenience makes Cherry Gardens a highly desirable place to call home.

Cherry Gardens Real Estate Market Outlook

Thinking about buying in Cherry Gardens? Now could not be a better time, with just 278 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,308,000 with prices in this suburb ranging from $1,266,000 to $1,311,000. The aproximate distance to the coast is 10 Km.

Consistent high demand relative to supply is a key feature in Cherry Gardens driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cherry Gardens 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. Low average earnings from people in Cherry Gardens 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. Lower than average population density constrains growth in Cherry Gardens to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cherry Gardens 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 Cherry Gardens a better buying opportunity than it may have been in the past.

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General Points of Interest

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