All About Bombo, Kiama, NSW, 2533

Bombo is a coastal suburb in the municipality of Kiama, New South Wales, and its housing market reflects its picturesque landscape and desirable location. With its stunning beaches and proximity to natural attractions such as the Bombo Headland and the iconic Kiama Blowhole, Bombo has become an attractive area for both homebuyers and investors. The real estate market here offers a mix of properties, from traditional homes with coastal charm to modern apartments with sweeping ocean views. Overall, the demand in Bombo has been quite steady, with many seeking the tranquility of suburban life mixed with the benefits of coastal living. The housing market can be competitive, especially for properties with premium views or close proximity to the beach, but it remains relatively more affordable compared to other coastal suburbs within commuting distance to Sydney.

Living in Bombo provides a unique blend of laid-back coastal lifestyle and convenient amenities. Residents enjoy easy access to beautiful beaches, making it an ideal location for outdoor enthusiasts who relish activities such as swimming, surfing, and fishing. The community atmosphere in Bombo is friendly and close-knit, contributing to a relaxed and welcoming environment. Additionally, Bombo's proximity to the larger town of Kiama ensures that residents have access to a variety of shops, cafes, restaurants, and cultural events. The well-connected transport options, including regular trains and buses, make commuting to nearby areas and even Sydney feasible for work or leisure. Overall, Bombo offers a serene and scenic setting for families, retirees, and professionals who value the balance of coastal beauty and modern convenience.

Bombo Real Estate Market Outlook

Thinking about buying in Bombo? Now could not be a better time, with just 93 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,541,000 with prices in this suburb ranging from $924,000 to $3,306,000. Bombo 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Bombo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Bombo changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Bombo 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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