All About Collingullie, Wagga Wagga, NSW, 2650

Collingullie is a small, semi-rural suburb located in the Wagga Wagga region of New South Wales. The housing market in Collingullie offers a mix of opportunities for homebuyers and investors. Properties in this area typically consist of spacious single-family homes, often set on larger blocks of land compared to more urban environments. The affordability of properties in Collingullie is a significant attraction, particularly for those looking to escape the hustle and bustle of city living. The community’s proximity to Wagga Wagga, a regional hub, provides convenient access to amenities, shopping centers, and employment opportunities, while still offering a peaceful and relaxed countryside lifestyle.

Living in Collingullie comes with a sense of community and a slower pace of life, where residents often enjoy the tranquility and natural surroundings. It's an ideal location for families and individuals who appreciate outdoor activities, as the area boasts plenty of open spaces and opportunities for farming, gardening, and weekend sports. The local community is tight-knit, with various local events and gatherings that foster a sense of belonging and camaraderie among residents. Moreover, the educational facilities and infrastructure in and around Collingullie ensure that families have access to quality schooling for their children. Overall, life in Collingullie appeals to those seeking a balance between rural charm and the convenience of nearby urban facilities.

Collingullie Real Estate Market Outlook

Thinking about buying in Collingullie? Now could not be a better time, with just 491 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $484,000 with prices in this suburb ranging from $27,000 to $5,702,000. The aproximate distance to the coast is 280 Km.

In Collingullie 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 Collingullie 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 Collingullie provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Collingullie 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 Collingullie a better buying opportunity than it may have been in the past.

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