All About North Narooma, Eurobodalla, NSW, 2546

North Narooma, a picturesque suburb situated in the Eurobodalla Shire of New South Wales, offers a unique blend of coastal charm and a laid-back lifestyle. The housing market here has experienced steady interest, largely due to its appealing location near pristine beaches and lush bushland. With a variety of housing options ranging from modern homes with ocean views to quaint cottages nestled among the trees, North Narooma attracts a diverse mix of residents, including young families, retirees, and holiday home seekers. Recently, the demand for properties in this area has been on the rise, driven by those looking for a quieter lifestyle away from the hustle and bustle of major cities. Despite increasing interest, North Narooma still offers relatively affordable real estate compared to nearby urban centers, making it an appealing option for those seeking both a sound investment and a tranquil place to live.

Living in North Narooma provides residents with a lifestyle that balances relaxation and adventure. The area boasts stunning natural beauty, with the pristine beaches of Narooma and the scenic trails of the Eurobodalla National Park right on the doorstep. Whether you're interested in water activities such as surfing, fishing, or kayaking, or prefer exploring by foot or bike along scenic coastal paths, North Narooma caters to a wide range of outdoor enthusiasts. The community itself is tight-knit and friendly, with local amenities such as cafes, shops, and schools providing convenience and fostering a welcoming atmosphere. Moreover, the charming town of Narooma is just a short drive away, offering additional amenities and entertainment options. With its idyllic setting and community-focused lifestyle, North Narooma is an attractive destination for those seeking a peaceful yet vibrant place to call home.

North Narooma Real Estate Market Outlook

Thinking about buying in North Narooma? Now could not be a better time, with 546 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,038,000 with prices in this suburb ranging from $66,000 to $9,720,000. North Narooma is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

In North Narooma 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 North Narooma 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 North Narooma 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 North Narooma 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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