All About Wards River, Mid-Coast, NSW, 2422

Wards River, located in the Mid-Coast region of New South Wales, offers a unique and tranquil living environment characterized by its rural charm and close-knit community. The housing market in Wards River tends to feature a wide variety of properties, including charming farmhouses, spacious family homes, and expansive plots of land. This diversity often attracts those who appreciate the serene lifestyle associated with country living. In recent years, the area has garnered interest from buyers seeking more affordable housing options compared to the busier urban centers. However, the market can be competitive as more people look to escape the hustle and bustle of city life for the peace and quiet found in rural settings.

Living in Wards River is akin to embracing a lifestyle centered around nature and simplicity. The community is renowned for its friendly atmosphere, where residents often know each other by name. With its lush landscapes, rolling hills, and proximity to natural attractions, Wards River is ideal for outdoor enthusiasts who enjoy activities like hiking, fishing, and exploring the nearby Barrington Tops National Park. While it offers the pleasures of country living, necessary amenities and services are conveniently accessible in nearby towns. This balance of tranquility and convenience makes Wards River a charming place for families, retirees, and anyone looking to enjoy a slower pace of life.

Wards River Real Estate Market Outlook

Thinking about buying in Wards River? Now could not be a better time, with just 161 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $830,000 with prices in this suburb ranging from $20,000 to $2,994,000. The aproximate distance to the coast is 42 Km.

In Wards River 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 Wards River 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 Wards River 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 Wards River 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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