All About Arakoon, Kempsey, NSW, 2431

Arakoon, located in the Kempsey Shire of New South Wales, is a picturesque coastal village that offers a serene lifestyle with an appealing real estate market. The housing market in Arakoon is characterized by a mix of charming beachside cottages, modern homes, and expansive properties with stunning ocean views. Over recent years, the area has seen a steady increase in demand, partly due to its excellent location near the popular tourist destination of South West Rocks. Despite this rising interest, the market remains relatively affordable compared to larger coastal cities, making it an attractive option for both investors and families looking to settle in a tranquil seaside environment.

Living in Arakoon provides a unique combination of natural beauty, relaxed living, and community spirit. The area is renowned for its pristine beaches, lush national parks, and the nearby historic Trial Bay Gaol, offering plenty of outdoor activities for residents and visitors alike. The community is tight-knit, with a friendly atmosphere that makes it easy for newcomers to integrate. Its proximity to South West Rocks means residents have access to excellent local amenities, including cafes, shops, and schools, while still enjoying the peace and privacy of a smaller village setting. Overall, Arakoon presents a perfect blend of lifestyle and opportunity for those looking to enjoy the best of coastal living in New South Wales.

Arakoon Real Estate Market Outlook

Thinking about buying in Arakoon? Now could not be a better time, with just 392 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,469,000 with prices in this suburb ranging from $268,000 to $24,656,000. Arakoon is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

In Arakoon 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 Arakoon 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 Arakoon 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 Arakoon 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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General Points of Interest

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