Thinking about buying in St Andrews Beach? Now could not be a better time, with 1035 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,916,000 with prices in this suburb ranging from $611,000 to $7,755,000. St Andrews Beach 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

St Andrews Beach Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in St Andrews Beach driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 St Andrews Beach due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in St Andrews Beach 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 St Andrews Beach necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in St Andrews Beach 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 St Andrews Beach a better buying opportunity than it may have been in the past.

Properties for sale St Andrews Beach

	21 titus dr, st andrews beach, vic, 3941	5	2	8	NEW PRICE $1,799,000 - $1,975,000
	42 tiberius rd, st andrews beach, vic, 3941				$850,000 - $935,000
	477 dundas st, st andrews beach, vic, 3941	4	2	2	$1,480,000 to $1,580,000

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