As of the latest data, the housing market in Pyang, a locality within the Cook Shire in Queensland, reflects the region's characteristic remoteness and unique lifestyle. The market primarily offers single-family homes and rural properties, often set on larger plots of land. Prices tend to be more affordable compared to urban centers, attracting buyers who are looking for tranquility and space without the high price tag. However, the turnover rate for properties can be slow due to the limited number of listings and prospective buyers. This can be both a benefit and a challenge, providing opportunities for long-term investment but also demanding patience from sellers. The housing market here is influenced by the broader economic activities of the Cook region, including tourism, agriculture, and small-scale mining, which can affect housing demand and price stability.
Living in Pyang offers a lifestyle deeply connected with nature and community. The area is characterized by its vast landscapes, including tropical savannas, forests, and proximity to national parks, making it a haven for outdoor enthusiasts. Residents enjoy a slower pace of life, close-knit community interactions, and a sense of seclusion that is both peaceful and grounding. However, this rural setting also means limited access to some amenities and services that are more readily available in urban areas, such as healthcare, extensive shopping, and varied entertainment options. The community often relies on local events and the natural environment for recreation. For those who value a rustic lifestyle, self-sufficiency, and natural beauty, Pyang offers a unique and rewarding living experience.
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Thinking about buying in Pyang? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Pyang 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 Pyang 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 Pyang 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. High density population in Pyang requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Pyang 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 Pyang a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Pyang there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 18.6 | 24.1 | 32.2 | 63.2 | 95.5 | 1.7 | 18.2 |
Feb | 11.9 | 24.1 | 33.3 | 56.6 | 94.1 | 1.8 | 21.1 |
Mar | 11.5 | 23.7 | 32.1 | 61.7 | 95.1 | 1.8 | 19.5 |
Apr | 4.4 | 22.8 | 32.6 | 54.1 | 93.0 | 2.1 | 21.6 |
May | 0.2 | 21.1 | 31.7 | 51.6 | 90.3 | 2.8 | 19.8 |
Jun | 0.1 | 19.8 | 31.3 | 48.5 | 90.5 | 2.4 | 18.1 |
Jul | 0.0 | 19.2 | 31.1 | 46.2 | 89.1 | 2.8 | 18.6 |
Aug | 0.0 | 18.5 | 32.5 | 36.9 | 87.9 | 2.6 | 21.0 |
Sept | 0.1 | 20.2 | 34.1 | 34.8 | 85.7 | 3 | 23.2 |
Oct | 0.7 | 21.7 | 35.8 | 33.6 | 86.8 | 2.9 | 25.9 |
Nov | 4.3 | 23.3 | 36.2 | 37.1 | 88.5 | 2.3 | 25.7 |
Dec | 8.0 | 24.0 | 34.8 | 47.8 | 92.1 | 1.9 | 25.3 |
source: Australian Government Bureau of Meteorology
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