Thinking about buying in Jam Jerrup? Now could not be a better time, with just 91 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $987,000 with prices in this suburb ranging from $488,000 to $2,027,000. Jam Jerrup is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Jam Jerrup Real Estate Market Outlook

In Jam Jerrup 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. 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 Jam Jerrup due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Jam Jerrup 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. High density population in Jam Jerrup requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Jam Jerrup 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 Jam Jerrup a better buying opportunity than it may have been in the past.

Properties for sale Jam Jerrup

	30 foreshore rd, jam jerrup, vic, 3984	4	2	2	$990,000-$1,089,000
	243 bay rd, jam jerrup, vic, 3984	4	2	2	$795,000-$874,500

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