All About Matong, Coolamon, NSW, 2652

Matong, a charming village nestled within the Coolamon Shire in New South Wales, offers a peaceful and rural lifestyle, perfect for those seeking respite from the hustle and bustle of city life. The housing market in Matong is characterized by its affordability compared to larger urban areas, providing a variety of options ranging from quaint cottages to larger family homes on spacious plots of land. Buyers are often attracted to its serene environment and the opportunity to own property at a lower cost. The market sees steady interest due to its simplicity and the potential for growth, thanks to its close-knit community and the natural beauty surrounding the area.

Living in Matong is an experience marked by community spirit and simplicity. Residents of this small, welcoming village enjoy the tranquility and natural beauty of the Australian landscape, with vast fields and open spaces providing a perfect backdrop for outdoor activities and a slower pace of life. The community is tight-knit, with local events and gatherings fostering a sense of belonging among residents. While amenities may be limited compared to larger towns, the nearby town of Coolamon offers additional services, shopping, and dining options, ensuring that the essentials are within reach. Overall, Matong offers a unique rural lifestyle, ideal for those looking to immerse themselves in a genuine and serene environment.

Matong Real Estate Market Outlook

Thinking about buying in Matong? Now could not be a better time, with just 320 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $913,000 with prices in this suburb ranging from $17,000 to $1,969,000. The aproximate distance to the coast is 307 Km.

In Matong 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 Matong 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. A mix of professions and above average income earners in Matong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in Matong 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 Matong a better buying opportunity than it may have been in the past.

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