All About Mogendoura, Eurobodalla, NSW, 2537

Mogendoura, located in the picturesque Eurobodalla region of New South Wales, offers a unique blend of rural tranquillity and access to essential amenities, making it an attractive location for those seeking a serene lifestyle. The housing market in Mogendoura typically features a variety of properties, including charming countryside homes and larger rural estates, often set against the backdrop of lush greenery and rolling hills. In recent years, the market has experienced moderate growth, with increasing interest from buyers looking to escape the hustle and bustle of city life. Property prices in this area can vary, but generally, they remain more affordable compared to larger urban centers, offering great value for those willing to embrace the rural lifestyle.

Living in Mogendoura provides a peaceful and community-oriented atmosphere, fostering a strong sense of connection among its residents. The area is known for its stunning natural landscapes, with numerous parks and reserves offering opportunities for outdoor activities such as hiking, fishing, and horseback riding. Despite its rural setting, Mogendoura is conveniently located near the town of Moruya, where residents can access essential services, shops, and schools. The friendly and relaxed environment is ideal for families, retirees, and anyone seeking a quiet yet enriching lifestyle. The region also boasts a mild climate, characterized by warm summers and mild winters, further enhancing the appeal of life in Mogendoura.

Mogendoura Real Estate Market Outlook

Thinking about buying in Mogendoura? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,620,000 with prices in this suburb ranging from $275,000 to $4,748,000. Mogendoura 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 Mogendoura 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 Mogendoura 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 Mogendoura 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 Mogendoura 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.

Instant Property Valuation

---

---

---

---

---

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!