All About Lower Tully, Cassowary Coast, QLD, 4854

Lower Tully, located in the Cassowary Coast region of Queensland, is a serene and picturesque area characterized by its lush landscapes and proximity to natural attractions. The housing market in Lower Tully is relatively affordable compared to urban centers, attracting homebuyers seeking a more tranquil lifestyle away from bustling city environments. With a mix of established homes and opportunities for rural land purchases, Lower Tully offers a range of options for individuals and families looking to invest in property. The area's market is influenced by its agricultural surroundings, with properties often boasting larger plots of land, making them ideal for those interested in farming or enjoying expansive outdoor spaces.

Living in Lower Tully provides residents with a relaxed, community-oriented lifestyle. The region is known for its scenic beauty, including nearby beaches, rainforests, and national parks, offering countless opportunities for outdoor recreation and exploration. The small-town atmosphere fosters a sense of community, where neighbors often know each other, and local events play a significant role in daily life. While amenities such as shopping and entertainment options are more limited compared to larger towns, the close-knit community, combined with the area's natural appeal, makes Lower Tully an attractive destination for those seeking peace, quiet, and a connection to nature.

Lower Tully Real Estate Market Outlook

Thinking about buying in Lower Tully? Now could not be a better time, with just 111 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $494,000 with prices in this suburb ranging from $167,000 to $992,000. Lower Tully is located fairly close to the coast at just 2Km 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 Lower Tully 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 Lower Tully 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 Lower Tully 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. High density population in Lower Tully requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Lower Tully 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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