All About Oura, Wagga Wagga, NSW, 2650

Oura, located within the Wagga Wagga region of New South Wales, offers a distinctive slice of rural life combined with the benefits of being close to a regional city. The housing market in Oura is characterized by its traditional and spacious properties, often featuring expansive plots that appeal to those looking for more room to breathe and a connection to nature. While not as frenetic as urban centers, the market here nonetheless attracts families and individuals seeking the tranquility of country living without forsaking accessibility to modern amenities. Prices tend to be more affordable compared to metropolitan areas, representing a compelling option for buyers wanting to escape the high costs and hustle of city life.

Living in Oura affords residents a serene lifestyle enriched by the community's strong rural heritage and natural beauty. With the nearby Murrumbidgee River offering opportunities for fishing, kayaking, and riverside picnics, outdoor enthusiasts find plenty to love. The tight-knit community is welcoming, and local events often highlight the culture and traditions of rural New South Wales. Additionally, the proximity to Wagga Wagga ensures that residents are never too far from essential services, quality education, and diverse shopping and dining options. This blend of peaceful living and convenient access to a regional hub makes Oura an attractive choice for those looking to balance a quiet lifestyle with the comforts of modern living.

Oura Real Estate Market Outlook

Thinking about buying in Oura? Now could not be a better time, with just 208 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $979,000 with prices in this suburb ranging from $25,000 to $7,397,000. The aproximate distance to the coast is 235 Km.

In Oura 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 Oura 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 Oura 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 Oura 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 Oura a better buying opportunity than it may have been in the past.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

---

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!