Eucumbene NSW 2628: Property Market Report & Real Estate Insights

Part of Snowy Monaro Regional, NSW

Eucumbene Real Estate Market Outlook

Thinking about buying in Eucumbene? Now could not be a better time, with just 52 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $651,000 with prices in this suburb ranging from $284,000 to $964,000. The approximate distance to the coast is 128 Km.

Living in Eucumbene

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 Eucumbene 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 Eucumbene 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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