Thinking about buying in Horseshoe Bay? Now could not be a better time, with 783 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $519,000 with prices in this suburb ranging from $85,000 to $2,976,000. Horseshoe Bay is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Horseshoe Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Horseshoe Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Horseshoe Bay 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. Medium density in Horseshoe Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Horseshoe Bay 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 Horseshoe Bay a better buying opportunity than it may have been in the past.
1 bluejeep ct, horseshoe bay, qld, 4819 | 3 | 1 | Offers Over $679,000 |
None within suburb boundary
(While the above schools are located with the suburb of Horseshoe Bay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jun | 0.7 | 15.5 | 25.9 | 46.9 | 92.0 | 3.5 | 15.6 |
Jul | 0.6 | 14.8 | 25.9 | 44.6 | 91.7 | 3.6 | 17.0 |
Aug | 0.4 | 15.0 | 26.8 | 42.6 | 92.4 | 3.7 | 19.7 |
Sept | 0.1 | 17.4 | 28.4 | 42.3 | 88.4 | 4.3 | 23.8 |
Oct | 0.6 | 20.9 | 29.8 | 46.9 | 85.0 | 5.0 | 25.7 |
Nov | 1.8 | 23.2 | 30.8 | 52.2 | 84.4 | 5.1 | 26.9 |
Dec | 5.1 | 24.6 | 32.0 | 52.3 | 84.9 | 5.1 | 27.1 |
Jan | 8.5 | 24.9 | 31.8 | 58.4 | 89.9 | 4.6 | 22.8 |
Feb | 6.6 | 24.9 | 32.4 | 57.2 | 91.6 | 4.0 | 23.1 |
Mar | 9.3 | 23.9 | 31 | 59.8 | 91.5 | 4.3 | 20.3 |
Apr | 1.6 | 21.6 | 30.2 | 52.6 | 90.1 | 4.0 | 19.7 |
May | 1.1 | 17.7 | 27.9 | 46.9 | 90.7 | 3.8 | 17.0 |
source: Australian Government Bureau of Meteorology
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