Thinking about buying in Pioneer Bay? Now could not be a better time, with just 264 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $527,000 with prices in this suburb ranging from $180,000 to $870,000. Pioneer 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

Pioneer Bay Real Estate Market Outlook

In Pioneer Bay 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Pioneer Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Pioneer Bay 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 Pioneer Bay 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. Lower than average industry presence in Pioneer 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 Pioneer Bay a better buying opportunity than it may have been in the past.

Properties for sale Pioneer Bay

	2 daisy av, pioneer bay, vic, 3984				$399,000 -$438,900
	53 sonia cr, pioneer bay, vic, 3984	3	1	1	$499,000 -$548,900
	54 kallay dr, pioneer bay, vic, 3984	3	2	2	$500,000 - $525,000
	55 kallay dr, pioneer bay, vic, 3984	3	2	1	Please Call

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

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!