Thinking about buying in Morning Bay? Now could not be a better time, with just 35 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,277,000 with prices in this suburb ranging from $937,000 to $4,484,000. Morning Bay 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

Morning Bay Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Morning Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Morning Bay are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Morning Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Morning 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 Morning Bay a better buying opportunity than it may have been in the past.

Properties for sale Morning Bay

14 bona cr, morning bay, nsw, 2105

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Recently Sold Properties / House Prices

15-05-2023	$3,525,000	14 BONA CRES
22-12-2021	$5,500,000	32 BONA CRES
30-11-2020	$3,200,000	22 BONA CRES
28-03-2019	$1,800,000	40 BONA CRES
27-06-2018	$675,000	35 BONA CRES
17-02-2017	$925,000	24 BONA CRES
14-06-2016	$2,750,000	32 BONA CRES
31-08-2012	$1,125,000	38 BONA CRES
02-09-2011	$1,750,000	54 BONA CRES
10-09-2010	$1,360,000	34 BONA CRES
08-12-2009	$580,000	35 BONA CRES

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Internet Speed

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Public Transport

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General Points of Interest

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