All About Monaltrie, Lismore, NSW, 2480

Monaltrie, located near Lismore in New South Wales, offers a unique snapshot of the regional housing market, blending rural charm with proximity to urban amenities. The housing market here is characterized by its variety of options, from larger properties with expansive lands to more modest homes, appealing to a diverse range of buyers and renters. With its peaceful setting, Monaltrie provides an attractive alternative to the bustling city life, often drawing in families and retirees who are looking for a more tranquil lifestyle. Property prices tend to be more affordable compared to major city centers, making it an appealing choice for first-time homebuyers and those looking to invest in real estate. The community atmosphere and sense of space contribute to its growing popularity as a desirable place to settle down.

Living in Monaltrie offers a serene and community-oriented lifestyle. The area is characterized by its lush landscapes and close-knit community, providing a perfect backdrop for those who appreciate nature and a slower pace of life. Residents enjoy easy access to the amenities of nearby Lismore, including schools, healthcare facilities, shopping, and cultural events, while still benefiting from the tranquility and natural beauty of rural living. Outdoor enthusiasts can take advantage of the nearby parks and nature reserves, and the friendly community atmosphere fosters strong neighborhood connections. Additionally, the region's favorable climate and picturesque surroundings make it ideal for those who enjoy gardening or outdoor recreational activities. Overall, Monaltrie offers a blend of comfort, community, and connection to nature, making it a great place to call home.

Monaltrie Real Estate Market Outlook

Thinking about buying in Monaltrie? Now could not be a better time, with just 199 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $751,000 with prices in this suburb ranging from $21,000 to $2,156,000. The aproximate distance to the coast is 20 Km.

In Monaltrie 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 Monaltrie 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 Monaltrie 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. Lower than average population density constrains growth in Monaltrie to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Monaltrie 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 Monaltrie a better buying opportunity than it may have been in the past.

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General Points of Interest

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