All About Alice River, Townsville, QLD, 4817

Alice River, a charming suburb in Townsville, Queensland, offers a unique blend of rural tranquility and suburban convenience, making it an appealing choice for those seeking a balanced lifestyle. The housing market here is characterized by spacious properties, often featuring larger homes with generous land sizes, reflecting the area's semi-rural setting. This offers residents the opportunity to enjoy expansive gardens, providing ample space for outdoor activities and a serene environment. The market has seen moderate growth, influenced by the suburb's appeal to families and individuals looking for a quieter life away from the hustle and bustle of central Townsville. Homes in Alice River offer good value for money, especially when compared to more urban areas, making it an attractive option for first-time buyers and investors alike.

Living in Alice River provides a peaceful lifestyle, with a strong sense of community among its residents. The suburb is known for its friendly atmosphere and organizing community events that foster connections among neighbors. Despite its rural feel, Alice River is conveniently located with easy access to essential amenities and services in nearby Willows Shopping Centre and the broader Townsville area. The natural surroundings offer plenty of opportunities for outdoor activities, with hiking trails and parks nearby, enhancing the quality of life for nature lovers. The area is also home to several quality schools, making it ideal for families with children. Overall, Alice River combines the best of both worlds – a quiet, nature-rich environment with proximity to urban conveniences.

Alice River Real Estate Market Outlook

Thinking about buying in Alice River? Now could not be a better time, with 1118 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $789,000 with prices in this suburb ranging from $255,000 to $2,637,000. The aproximate distance to the coast is 13 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Alice River due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Alice River provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Alice River requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

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