All About St Kilda, Salisbury, SA, 5110

St Kilda, located in the Salisbury region of South Australia, presents a unique aspect of the local housing market characterized by affordability and a laid-back coastal lifestyle. The area features a mix of older, established homes alongside a few newer developments, catering primarily to families and retirees seeking a peaceful environment. Property prices in St Kilda are generally more affordable compared to some of the more densely populated suburbs in Adelaide, making it an attractive option for first-time homebuyers and those looking to downsize. The proximity to the St Kilda Mangrove Trail and Interpretive Centre, along with the coastal parks and playgrounds, enhances the appeal of the area for nature enthusiasts and outdoor lovers.

Living in St Kilda offers a tranquil lifestyle with a strong sense of community, where residents can enjoy the natural beauty of the nearby wetlands and beaches. The suburb is family-friendly, with various local amenities, including parks, playgrounds, and picnic spots that encourage outdoor activities. While it may lack some of the more extensive commercial facilities found in larger metropolitan areas, St Kilda makes up for it with its serene environment and friendly atmosphere. Commuting to and from St Kilda is relatively straightforward, with good road connections to Salisbury and beyond, allowing residents to enjoy the quiet coastal life without being far from urban conveniences.

St Kilda Real Estate Market Outlook

Thinking about buying in St Kilda? Now could not be a better time, with just 143 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $352,000 with prices in this suburb ranging from $234,000 to $462,000. St Kilda 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

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Kilda due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in St Kilda leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in St Kilda 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 St Kilda 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.

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General Points of Interest

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