All About Tooleybuc, Murray River, NSW, 2736

Tooleybuc, situated on the banks of the Murray River in New South Wales, offers a unique blend of rural charm and serene riverfront living. The housing market in Tooleybuc is characterized by its affordability and variety of properties that cater mostly to families, retirees, and those seeking a quiet lifestyle. Homes in this area often feature large blocks of land, providing ample space for gardens or outdoor activities. While the market tends to be more stable compared to urban centers, it is influenced by factors such as the agricultural economy and seasonal tourism. Properties with river views or proximity to the water can command higher prices, appealing especially to those looking for a weekend retreat or a tranquil permanent residence.

Living in Tooleybuc provides residents with a peaceful, community-oriented lifestyle. The town boasts a small but friendly population, where people often know their neighbors and participate in local events. Being located alongside the Murray River offers residents ample opportunities for outdoor activities such as fishing, boating, and picnicking by the water. Despite its rural setting, Tooleybuc provides essential amenities, including a local school, golf club, and a few cafes and shops. Its location also allows easy access to nearby towns and regions for additional services or shopping needs. Overall, Tooleybuc is ideal for those who appreciate a slower pace of life and enjoy being part of a close-knit community.

Tooleybuc Real Estate Market Outlook

Thinking about buying in Tooleybuc? Now could not be a better time, with just 191 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $314,000 with prices in this suburb ranging from $33,000 to $1,067,000. The aproximate distance to the coast is 330 Km.

In Tooleybuc 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 Tooleybuc 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. Low average earnings from people in Tooleybuc leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. With very low industrial sector presence in Tooleybuc the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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