All About South Gundurimba, Lismore, NSW, 2480

South Gundurimba, located within the Lismore region of New South Wales, presents a unique housing market reflective of its semi-rural charm and proximity to more urban areas. The suburb is characterized by its blend of spacious properties, often featuring large plots of land that appeal to those seeking a quieter, more laid-back lifestyle. Housing options range from traditional family homes to more modern builds, providing a range of choices for potential buyers and renters. Over the years, the area has attracted interest from individuals looking to escape the hustle and bustle of city life, partly driven by the affordability factor when compared to major urban centers. Recent trends have shown a steady demand in the housing market, as people continue to be drawn to the area's natural beauty and the promise of a close-knit community.

Living in South Gundurimba offers residents a balance of country serenity and accessibility to the amenities of Lismore and surrounding regions. The area is surrounded by picturesque landscapes, including lush greenery and rolling hills, which are perfect for outdoor enthusiasts who enjoy activities such as hiking and birdwatching. The community is tight-knit, with local events and gatherings fostering a welcoming atmosphere for families and individuals alike. Additionally, being in close proximity to Lismore means that residents can easily access a variety of services, including schools, healthcare, and shopping centers, without the need for long commutes. Overall, South Gundurimba provides a peaceful lifestyle with the convenience of modern living just a short drive away.

South Gundurimba Real Estate Market Outlook

Thinking about buying in South Gundurimba? Now could not be a better time, with just 270 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,535,000 with prices in this suburb ranging from $25,000 to $7,206,000. The aproximate distance to the coast is 19 Km.

In South Gundurimba 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 South Gundurimba 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 South Gundurimba provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in South Gundurimba necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in South Gundurimba 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 South Gundurimba a better buying opportunity than it may have been in the past.

Instant Property Valuation

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General Points of Interest

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