All About Wyrallah, Lismore, NSW, 2480

Wyrallah, a charming rural locality in the Lismore area of New South Wales, offers a serene and laid-back lifestyle nestled amidst the picturesque Northern Rivers region. The housing market in Wyrallah predominantly features spacious homes with generous land sizes, set against the backdrop of lush greenery and rolling hills. Due to its rural nature, property prices here tend to be more affordable compared to nearby urban centers, making it an attractive option for families and retirees looking for a peaceful environment. In recent years, there has been moderate interest in the area, driven by those seeking a tree-change and a less hectic lifestyle, contributing to a steady but not overwhelmingly competitive housing market.

Living in Wyrallah provides residents with a close-knit community atmosphere and a slower pace of life, where neighbors still greet each other and community events are well-attended. The locality is well-suited for those who appreciate nature, with plenty of opportunities for outdoor activities such as hiking, birdwatching, and gardening. While it offers a tranquil escape from city life, Wyrallah remains conveniently accessible to the amenities of Lismore just a short drive away, including shopping, healthcare, and education facilities. The blend of rural charm and accessibility makes Wyrallah an appealing choice for those wanting the best of both worlds—peaceful country living with the convenience of a nearby town.

Wyrallah Real Estate Market Outlook

Thinking about buying in Wyrallah? Now could not be a better time, with just 224 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,469,000 with prices in this suburb ranging from $265,000 to $7,024,000. The aproximate distance to the coast is 16 Km.

In Wyrallah 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. Low average incomes in Wyrallah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Wyrallah 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 Wyrallah 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 Wyrallah 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 Wyrallah 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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