All About Mira Mar, Albany, WA, 6330

Mira Mar, a picturesque suburb in Albany, Western Australia, offers a unique blend of charm and coastal living that attracts a diverse range of residents. The housing market in Mira Mar has been experiencing steady growth, reflecting broader trends in regional areas as more people seek an escape from city congestion. This growth has been influenced by the increasing demand for property amidst the backdrop of Albany's vibrant community and appealing natural landscapes. Housing options in Mira Mar vary from charming older homes to more modern developments, catering to different tastes and budgets. Prices have been gradually rising, yet Mira Mar remains more affordable compared to metropolitan markets, making it an attractive option for both families and retirees looking for a serene environment with all necessary amenities close by.

Living in Mira Mar is characterized by its relaxed coastal lifestyle and close-knit community. The suburb is adorned with stunning natural beauty, with proximity to pristine beaches and lush parks, allowing residents to enjoy outdoor activities such as hiking, swimming, and picnicking. The area boasts a warm and welcoming community, with frequent local events and markets that foster a strong sense of belonging among residents. While maintaining its peaceful ambiance, Mira Mar is also conveniently located near Albany’s city center, ensuring that essential services, shopping, and dining options are easily accessible. The combination of natural beauty, affordable housing, and community spirit makes Mira Mar an appealing choice for those seeking a balanced and enriching lifestyle in Western Australia.

Mira Mar Real Estate Market Outlook

Thinking about buying in Mira Mar? Now could not be a better time, with 1572 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $721,000 with prices in this suburb ranging from $144,000 to $2,750,000. Mira Mar 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.

In Mira Mar 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. Incomes in Mira Mar are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Mira Mar 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 Mira Mar 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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