All About Norton Summit, Adelaide Hills, SA, 5136

Norton Summit, nestled in the picturesque Adelaide Hills, offers a unique blend of rural charm and proximity to urban conveniences, making its housing market particularly appealing. This quaint locality features a variety of housing options, from charming cottages to modern family homes, set against the backdrop of lush rolling hills and verdant landscapes. The market in Norton Summit tends to be stable, attracting buyers who value tranquility and a strong sense of community. Home prices reflect the area's desirability, often appealing to those seeking a more peaceful lifestyle while still being within a reasonable drive of Adelaide's city center. The area’s real estate is particularly attractive for families and retirees looking for a serene environment with a touch of rustic charm.

Living in Norton Summit is characterized by its idyllic surroundings and a deep connection to nature. Residents enjoy a leisurely pace of life, with fresh air and open spaces providing an inviting environment for outdoor activities like hiking and cycling. The community is tight-knit and welcoming, with local events and markets fostering a sense of camaraderie among neighbors. The town also boasts some delightful dining experiences, such as cozy cafes and the renowned Scenic Hotel, where locals and visitors gather to appreciate the stunning views. Overall, Norton Summit offers a harmonious balance of serene hillside living and access to modern amenities, making it an attractive option for those looking to escape the hustle and bustle while still maintaining a link to city life.

Norton Summit Real Estate Market Outlook

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.

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.

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General Points of Interest

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