All About St Andrews Beach, Mornington Peninsula, VIC, 3941

St Andrews Beach, located on the picturesque Mornington Peninsula in Victoria, offers a unique blend of serene coastal living and modern conveniences. The housing market in this area has seen a steady demand, driven by its stunning natural landscapes and the allure of a peaceful lifestyle. Homes here range from classic beachside cottages to modern architectural designs, often positioned to take full advantage of the area's breathtaking views. Property values in St Andrews Beach have generally been resilient, benefiting from both the attraction of holiday home buyers and those seeking a permanent sea change. The market tends to draw interest from both locals and those from Melbourne looking for a retreat close to nature but not too far from city amenities.

Living in St Andrews Beach provides residents with a perfect mix of tranquility and outdoor adventures. The area is famed for its expansive beaches, undulating sand dunes, and pristine environments, making it an ideal spot for those who love nature and water activities like surfing and fishing. Community life in St Andrews Beach is laid-back and friendly, with a slower pace that allows for relaxation and enjoyment of the simple pleasures in life. Despite its peaceful setting, the town isn’t isolated; it's just a short drive from the bustling hubs of Rye and Sorrento, where you can find excellent dining, shopping, and recreational facilities. Overall, life in St Andrews Beach offers a rejuvenating escape with the convenience of nearby urban amenities.

St Andrews Beach Real Estate Market Outlook

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

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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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