Austinmer

Austinmer, NSW 2515 is a highly sought-after suburb with a population of 2,725 residents. The area has a mix of age groups, with a good proportion of professionals and managers. Commuting options include a significant percentage of residents working from home. The suburb boasts a high ICSEA value, indicating educational advantage in government schools. For houses in Austinmer, there is a healthy market with a moderate yield and growth rate. The sale price distribution shows a potential for renovators, supported by a high saleprice IQR ratio. The suburb exhibits a decent demand with a market absorption rate indicating possible future price increases. For units, the market is stable with limited fluctuations, making it a secure investment option. Austinmer, NSW 2515 offers a desirable lifestyle with a mix of demographics, convenient commuting options, and excellent educational facilities. For property investors, both houses and units present opportunities, with the potential for renovations in the housing market and stable returns in the unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022