Thinking about buying in Mckenzie Hill? Now could not be a better time, with 550 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $812,000 with prices in this suburb ranging from $191,000 to $1,344,000. The aproximate distance to the coast is 103 Km.

Mckenzie Hill 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 Mckenzie Hill 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 Mckenzie Hill 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 Mckenzie Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Mckenzie Hill 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.

Properties for sale Mckenzie Hill

	41 woodman dr, mckenzie hill, vic, 3451	4	2	3	$789,000
	17 maldon rd, mckenzie hill, vic, 3451	4	2	4	$1,595,000
	16 jarrod dr, mckenzie hill, vic, 3451				$299,000
	5 grocers lane, mckenzie hill, vic, 3451				$280,000
	19 mckenzie way, mckenzie hill, vic, 3451				$365,000
	15 carloway dr, mckenzie hill, vic, 3451	4	2	3	$765,000

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General Points of Interest

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