All About Uriarra Village, Unincorporated ACT, ACT, 2611

Uriarra Village, located in the unincorporated area of the Australian Capital Territory, offers a unique living experience with its serene surroundings and tight-knit community feel. The housing market in Uriarra Village primarily consists of detached, single-family homes that reflect a rural lifestyle while still being relatively close to Canberra. Properties here are sought after for their larger lot sizes and close proximity to nature reserves, providing ample space and privacy. The demand for homes in Uriarra Village is driven by those seeking a peaceful retreat from the hustle and bustle of city life. While the market has seen a steady interest, it remains relatively stable compared to more urbanized areas, making it an attractive option for families and retirees looking for a tranquil environment at a reasonable cost.

Living in Uriarra Village offers residents a unique blend of rural charm and community spirit. The village is surrounded by bushland and offers plenty of outdoor recreational opportunities such as hiking, mountain biking, and horse riding, making it ideal for nature enthusiasts. The community is close-knit, with a focus on sustainability and self-sufficiency, reflecting in various community-led initiatives and gatherings. The quiet, scenic environment coupled with its proximity to Canberra means residents can enjoy a laid-back lifestyle with the conveniences of the city just a short drive away. Additionally, the village’s emphasis on green living and conservation fosters a sense of responsibility towards the environment, adding to the quality of life for those who choose to call Uriarra Village home.

Uriarra Village Real Estate Market Outlook

Thinking about buying in Uriarra Village? Now could not be a better time, with just 122 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $910,000 with prices in this suburb ranging from $590,000 to $1,251,000. The aproximate distance to the coast is 122 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Uriarra Village ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Uriarra Village 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 Uriarra Village 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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General Points of Interest

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