All About Heathmere, Glenelg, VIC, 3305

Heathmere, located in the Glenelg Shire of Victoria, offers a unique perspective on the regional housing market, often characterized by its rural charm and wide-open spaces. The housing market here tends to be more affordable compared to urban centers, attracting those looking for larger properties or a quieter lifestyle. Homes in Heathmere range from traditional farmhouses to more modern builds, often sitting on expansive plots of land. This makes the area appealing to both families wanting room to grow and retirees seeking peace and tranquility. The market has seen steady interest over recent years, with prospective buyers drawn to its balance of convenience and countryside appeal, alongside the potential for property investment and development.

Living in Heathmere means embracing a lifestyle that harmonizes the tranquility of rural life with access to essential amenities. The community is close-knit, with locals often gathering for community events and activities that enhance the small-town feel. Nature enthusiasts would appreciate the proximity to natural attractions like the Lower Glenelg National Park and the stunning coastline, perfect for outdoor adventures. While it provides a rural feel, Heathmere is not isolated; the town is reasonably close to larger centers like Portland, allowing residents to enjoy shopping, dining, and cultural experiences without the hassle of urban congestion. This combination of rural peace and accessibility makes Heathmere an attractive place for those seeking a serene yet connected lifestyle.

Heathmere Real Estate Market Outlook

Thinking about buying in Heathmere? Now could not be a better time, with just 116 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $609,000 with prices in this suburb ranging from $190,000 to $2,281,000. Heathmere is located fairly close to the coast at just 1Km 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. 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 Heathmere due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Heathmere provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Heathmere 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 Heathmere 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.

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Public Transport

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General Points of Interest

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Nearby Suburbs

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