All About Mount Burrell, Tweed, NSW, 2484

Mount Burrell, located in the Tweed Shire of New South Wales, offers a unique blend of rural charm and natural beauty, appealing to those looking for a serene lifestyle away from the hustle and bustle of major cities. The housing market here is characterized by a range of options from modest homes to larger properties boasting expansive land. Prices in Mount Burrell tend to be more affordable compared to metropolitan areas, making it an attractive option for buyers seeking value for money in a picturesque setting. The area is particularly suited to those who appreciate the outdoors, with lush landscapes and proximity to national parks providing ample opportunities for hiking and nature exploration.

Living in Mount Burrell is synonymous with a peaceful, community-oriented lifestyle. The inhabitants of the area enjoy a tight-knit community feel, where neighborly interactions are common and the pace of life is refreshingly laid back. Local amenities may be limited compared to urban centers, but the essentials are well catered for, and the nearby towns offer additional shopping and recreational facilities. Residents can enjoy the stunning scenery and a sense of tranquility that comes with being enveloped in nature. This makes Mount Burrell an excellent choice for those who value tranquility, community spirit, and a deep connection to nature.

Mount Burrell Real Estate Market Outlook

Thinking about buying in Mount Burrell? Now could not be a better time, with just 153 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,379,000 with prices in this suburb ranging from $60,000 to $2,937,000. The aproximate distance to the coast is 30 Km.

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 Mount Burrell 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. The slightly lower than average earnings from occupations in Mount Burrell changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. Lower than average industry presence in Mount Burrell we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mount Burrell a better buying opportunity than it may have been in the past.

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