All About Pearcedale, Casey, VIC, 3912

Pearcedale, located within the City of Casey in Victoria, has developed into a charming residential area known for its blend of rural tranquility and convenient proximity to urban amenities. The housing market in Pearcedale reflects a mix of longstanding properties and modern developments, providing a range of options for homebuyers. Prices in the area are generally reflective of the broader trends seen in the outer suburbs of Melbourne, offering more affordable alternatives compared to the inner city while still maintaining a reasonable level of investment growth potential. The area's appeal is driven by its spacious properties, many with sizable backyards, making it an attractive option for families and those seeking a quieter lifestyle without straying too far from the city's hustle and bustle.

Living in Pearcedale offers a peaceful, community-focused atmosphere with a distinct country feel, characterized by its wide-open spaces, plentiful greenery, and well-established local services. The suburb is known for its friendly community vibe and features amenities such as schools, parks, and local shops that cater to the needs of its residents. The proximity to both the larger hubs of Frankston and Cranbourne ensures that residents have access to broader shopping, dining, and entertainment options without needing to travel extensively. Additionally, the lifestyle in Pearcedale is perfect for nature lovers, with numerous parks and the nearby Pearcedale Conservation Park, offering outdoor activities and a strong sense of connection with nature. Overall, Pearcedale offers a balanced lifestyle for those looking to enjoy the serenity of suburban living with convenient access to urban conveniences.

Pearcedale Real Estate Market Outlook

Thinking about buying in Pearcedale? Now could not be a better time, with 1853 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,239,000 with prices in this suburb ranging from $205,000 to $7,276,000. Pearcedale 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.

Consistent high demand relative to supply is a key feature in Pearcedale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Pearcedale 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 Pearcedale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Pearcedale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Pearcedale 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.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!