All About Gelorup, Capel, WA, 6230

Gelorup, located in the Shire of Capel, WA, is a charming semi-rural suburb that has recently seen notable activity in its housing market. Known for its large blocks and scenic surroundings, Gelorup offers a unique blend of rural tranquility and convenient access to nearby urban centers like Bunbury. The housing market here is characterized by sprawling properties, often featuring spacious family homes, lush gardens, and even small hobby farms. Over recent years, the area has attracted families and retirees seeking the peace of the countryside without being too far removed from essential amenities. The demand for property in Gelorup has seen a gradual increase, reflecting its appeal as a quiet yet accessible place to call home.

Living in Gelorup offers a taste of country life with the benefits of community spirit and outdoor activities. The suburb is surrounded by natural bushland, making it perfect for those who enjoy walking, bird watching, or simply the serene views of nature. Residents often describe Gelorup as a tight-knit community where neighbors know each other, and local events help to foster a welcoming environment. Despite its rural feel, Gelorup is conveniently located near shopping centers, schools, and medical facilities, particularly with the city of Bunbury just a short drive away. This balance of rural peace and modern convenience makes Gelorup an increasingly attractive place to live for those looking to escape the hustle of city living.

Gelorup Real Estate Market Outlook

Thinking about buying in Gelorup? Now could not be a better time, with 931 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $795,000 with prices in this suburb ranging from $289,000 to $3,215,000. Gelorup is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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. High average incomes in Gelorup 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 Gelorup 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 Gelorup 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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