All About Kundabung, Kempsey, NSW, 2441

Kundabung, a small rural locality within the Kempsey Shire in New South Wales, offers a unique and tranquil living experience amidst the Australian bushland. The housing market in Kundabung is characterized by its spacious properties and predominantly rural homesteads, appealing to those seeking a serene lifestyle away from the bustle of city living. Housing options here mainly include large, detached houses set on expansive plots of land, often with acreage. This type of setting caters well to families, retirees, or anyone keen on maintaining a connection with nature, offering plenty of space for gardens, livestock, and outdoor recreational activities. Compared to more densely populated areas, real estate prices in Kundabung can offer more value, making it an attractive option for buyers prioritizing space and tranquillity.

Living in Kundabung provides residents with a tight-knit community atmosphere where people appreciate a slower pace of life. The area is enveloped in natural beauty, with lush forests, rolling hills, and proximity to both the Macleay River and the resilience of the Australian coastline. People living here enjoy outdoor activities like fishing, hiking, and horse riding, thanks to the abundant natural landscapes. Essential amenities are within reasonable reach, as residents can access shops, schools, and healthcare facilities in nearby Kempsey, while the town of Port Macquarie is about a 30-minute drive south, offering more comprehensive services and recreational options. The combination of scenic views and a peaceful environment makes Kundabung a distinctive and appealing place to call home.

Kundabung Real Estate Market Outlook

Thinking about buying in Kundabung? Now could not be a better time, with just 294 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $772,000 with prices in this suburb ranging from $210,000 to $1,684,000. Kundabung is located fairly close to the coast at just 6Km 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 Kundabung 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 Kundabung 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 Kundabung 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 Kundabung 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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