All About Harwood, Clarence Valley, NSW, 2465

Harwood, located in the scenic Clarence Valley of New South Wales, offers a unique slice of rural Australian life, appealing to those seeking a peaceful yet connected lifestyle. The housing market in Harwood is characterized by its affordability compared to larger urban centers, making it an attractive option for families, retirees, and individuals looking to escape the hustle and bustle of city life. The area consists mainly of single-family homes, many offering sizable plots of land that provide space for gardens, outdoor activities, and a more serene living experience. The market has seen moderate growth, with increasing interest from buyers looking for more value and space for their investment. This has been driven partly by the town's rustic charm and its proximity to natural features such as the Clarence River, which adds to the appeal of settling in this tranquil environment.

Living in Harwood offers a sense of community that is often missing in larger towns and cities. The small population fosters close-knit relationships, where neighbors know each other and community events are a way of life. Residents enjoy amenities like local cafes and parks, while also benefiting from the natural beauty that surrounds the area, such as easy access to waterways for fishing, boating, and picturesque views. Life in Harwood is marked by a slower pace that allows for an enviable work-life balance, making it ideal for those who prioritize a harmonious lifestyle. Essential services and amenities are within reach, and the larger town of Maclean is just a short drive away, offering more extensive shopping and dining options. Overall, Harwood offers a blend of peaceful rural life with the conveniences of nearby urban centers, making it a desirable place to call home for those who relish simplicity and community spirit.

Harwood Real Estate Market Outlook

Thinking about buying in Harwood? Now could not be a better time, with just 239 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $674,000 with prices in this suburb ranging from $127,000 to $5,974,000. Harwood is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Harwood 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 Harwood 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 Harwood 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 Harwood 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 Harwood 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 Harwood a better buying opportunity than it may have been in the past.

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