All About Teven, Ballina, NSW, 2478

Nestled in the lush hinterland of New South Wales, Teven is a charming rural locality within the Ballina Shire Council area. The housing market in Teven reflects its unique appeal, characterized by spacious acreage properties and picturesque country homes. This area attracts those seeking a serene lifestyle away from the bustle of urban centers, yet still offers reasonable access to the amenities of nearby Ballina and Lismore. Property value trends in Teven have experienced steady growth, driven by an increasing demand for rural living combined with lifestyle opportunities. With its blend of natural beauty and tranquility, Teven remains a desirable choice for families, retirees, and individuals looking to invest in a peaceful environment.

Living in Teven offers residents a harmonious blend of rural charm and community spirit. The landscape is defined by rolling hills, lush greenery, and a cool, temperate climate, making it an ideal location for outdoor enthusiasts. Many residents enjoy activities such as bushwalking, cycling, and exploring local farms and markets. Despite its rural setting, Teven is conveniently located within a short drive to the coastal attractions of Ballina, such as beautiful beaches and modern shopping centers. The friendly community atmosphere is complemented by local schools and sports facilities, making it an attractive option for families. Overall, Teven provides a peaceful retreat where one can enjoy the natural beauty of the hinterland while still staying connected to the conveniences of nearby towns.

Teven Real Estate Market Outlook

Thinking about buying in Teven? Now could not be a better time, with just 137 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,682,000 with prices in this suburb ranging from $445,000 to $7,747,000. Teven is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Teven 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 Teven provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Teven 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 Teven 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 Teven a better buying opportunity than it may have been in the past.

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General Points of Interest

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