All About Goonengerry, Byron, NSW, 2482

Goonengerry, a serene and picturesque locale in the Byron Shire of New South Wales, offers a unique housing market that reflects its rural charm and natural beauty. The area is characterized by its lush landscapes, rolling hills, and proximity to national parks, making it a desirable destination for those seeking tranquility away from the hustle and bustle of coastal towns. The housing market in Goonengerry typically features a variety of properties, ranging from quaint cottages to expansive rural estates. With a median property price slightly on the higher side, the market attracts buyers interested in lifestyle properties and those who value privacy and space. The demand for homes here is steady, driven by a mix of local residents and newcomers drawn by the area's natural beauty and sense of community.

Living in Goonengerry offers a peaceful and laid-back lifestyle, intertwined with a strong community spirit. Residents often enjoy a slower pace of life, surrounded by pristine nature and wildlife. It's an ideal location for those who enjoy outdoor activities such as hiking, bird watching, and exploring the nearby Goonengerry National Park. The community is known for its creativity and environmental consciousness, with many locals participating in sustainable living practices. While Goonengerry is relatively secluded, it is still within easy driving distance to the vibrant town of Byron Bay, providing access to shops, dining, and entertainment options. For those who value a rural setting with close ties to nature, Goonengerry offers an enriching and fulfilling living experience.

Goonengerry Real Estate Market Outlook

Thinking about buying in Goonengerry? 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 $1,862,000 with prices in this suburb ranging from $476,000 to $11,789,000. Goonengerry is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Goonengerry 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. The slightly lower than average earnings from occupations in Goonengerry 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. Lower than average population density constrains growth in Goonengerry to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Goonengerry 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 Goonengerry a better buying opportunity than it may have been in the past.

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General Points of Interest

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