Thinking about buying in Norton Summit? Now could not be a better time, with just 385 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,121,000 with prices in this suburb ranging from $762,000 to $1,588,000. The aproximate distance to the coast is 17 Km.

Norton Summit Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Norton Summit driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Norton Summit ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Norton Summit provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Norton Summit necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Properties for sale Norton Summit

37 tembys rd, norton summit, sa, 5136

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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