Thinking about buying in Elliminyt? Now could not be a better time, with 1777 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $656,000 with prices in this suburb ranging from $138,000 to $2,167,000. The aproximate distance to the coast is 34 Km.

Elliminyt Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Elliminyt due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Elliminyt 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 Elliminyt 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 Elliminyt 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 Elliminyt

	39 howarth st, elliminyt, vic, 3250	3	2	2	1700000
	3-5 boronia way, elliminyt, vic, 3250	0	0	0	280000
	190 forest st south, elliminyt, vic, 3250	4	2	6	1245000

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General Points of Interest

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