All About Parkesbourne, Goulburn Mulwaree, NSW, 2580

Parkesbourne, located within the Goulburn Mulwaree region of New South Wales, offers a quaint and rural atmosphere that is becoming increasingly attractive to homebuyers seeking a peaceful lifestyle away from the hustle and bustle of city life. The housing market in Parkesbourne is characterized by its more affordable properties compared to larger urban centers, making it an appealing option for first-time homeowners, retirees, and those looking for a change of pace. The area primarily features spacious homes on generous plots of land, capturing the essence of countryside living. Recent trends suggest a steady interest in the area, driven by its picturesque landscape and the appeal of a tight-knit community, while still maintaining reasonable proximity to essential amenities in nearby Goulburn.

Living in Parkesbourne offers its residents the charm of rural living with the convenience of modern-day necessities not too far away. The community is known for its friendly and welcoming nature, fostering a sense of belonging among its residents. Surrounded by rolling hills and farmlands, Parkesbourne provides plenty of opportunities for outdoor activities, including bushwalking, cycling, and exploring local vineyards. The area's serene environment and slower pace of life are ideal for those looking to escape the stress of urban settings. Additionally, its proximity to Goulburn provides access to quality schools, medical facilities, shopping centers, and cultural attractions, making it a perfect blend of seclusion and connectivity.

Parkesbourne Real Estate Market Outlook

Thinking about buying in Parkesbourne? Now could not be a better time, with just 158 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,339,000 with prices in this suburb ranging from $92,000 to $7,422,000. The aproximate distance to the coast is 98 Km.

In Parkesbourne 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 Parkesbourne 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. The slightly lower than average earnings from occupations in Parkesbourne changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Parkesbourne 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 Parkesbourne 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 Parkesbourne a better buying opportunity than it may have been in the past.

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