Gurley NSW 2398: Property Market Report & Real Estate Insights

Part of Moree Plains, NSW

Gurley Real Estate Market Outlook

Thinking about buying in Gurley? Now could not be a better time, with just 121 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,233,000 with prices in this suburb ranging from $77,000 to $7,612,000. The approximate distance to the coast is 296 Km.

Living in Gurley

In Gurley 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 Gurley 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 Gurley 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 Gurley 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.

Instant Property Valuation

Gurley, situated within the Moree Plains Shire in New South Wales, offers a small-town charm that appeals to those seeking a quieter, more rural lifestyle. The housing market in Gurley is characterized by its affordability compared to larger, urban centers, providing a reasonable entry point for first-time homebuyers or those looking to downsize. Properties range from traditional family homes to expansive farmland, catering to a variety of needs and preferences. The market remains stable, although it experiences modest growth due to its appeal to those wanting to escape the hustle and bustle of city life. Buyers are attracted to the potential for spacious land ownership, often at a fraction of the cost found in metropolitan areas.

Living in Gurley offers a peaceful and close-knit community experience, where neighbors know each other, and there is a strong sense of camaraderie. The town’s landscape is predominantly agricultural, surrounded by fields and open skies, providing a serene backdrop for residents. It’s an ideal spot for those who appreciate outdoor activities, from leisurely walks to more demanding farming pursuits. Despite its rural setting, Gurley is not far from Moree, where residents can access additional services, shopping, and entertainment options. The lifestyle in Gurley can be quite rewarding, particularly for individuals and families who value simplicity and a connection to nature.

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