All About Kangaloon, Wingecarribee, NSW, 2576

Kangaloon is a picturesque rural locality in the Wingecarribee Shire of New South Wales, nestled in the Southern Highlands, known for its lush landscapes and serene ambiance. The housing market here leans towards the higher end, as properties are typically larger estates or charming country homes, often on significant acreages, reflecting the area's rural charm and exclusiveness. Recent trends have shown a steady demand for properties in Kangaloon, driven by those seeking tranquility away from the hustle of city life, yet within a reasonable commuting distance to Sydney. The market is quite stable, with property values holding strong due to the area's desirability and limited supply, offering a sound investment for buyers looking for a rural retreat.

Living in Kangaloon offers residents a unique blend of peaceful country living with convenient access to nearby amenities. The small, close-knit community atmosphere makes it an attractive option for families, retirees, and those looking to enjoy a quieter lifestyle. The area is characterized by its rolling hills, lush greenery, and scenic views, providing plenty of opportunities for outdoor pursuits such as hiking, horseback riding, and leisurely strolls. Despite its rural setting, Kangaloon benefits from proximity to nearby towns like Bowral and Moss Vale, where shopping, dining, and other services are readily available. Overall, life in Kangaloon delivers a tranquil, nature-filled environment complemented by the essentials of modern living close at hand.

Kangaloon Real Estate Market Outlook

Thinking about buying in Kangaloon? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,983,000 with prices in this suburb ranging from $665,000 to $8,871,000. The aproximate distance to the coast is 26 Km.

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 Kangaloon 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. Low average earnings from people in Kangaloon leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Kangaloon 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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