All About Burrum River, Fraser Coast, QLD, 4659

Burrum River, located in the Fraser Coast Region of Queensland, is becoming an increasingly attractive option for homebuyers seeking tranquility and affordability away from the busier urban centers. The housing market here predominantly features spacious plots with charming homes that reflect a mix of coastal and rural influences, providing an idyllic setting for families and retirees alike. Over the past few years, the area has seen moderate growth in property values, driven by an influx of interest from those looking to escape to more serene locales. While prices remain relatively affordable compared to neighboring suburbs, the charm of living by the Burrum River, coupled with the community's welcoming atmosphere, is drawing steady attention from a diverse range of buyers.

Living in Burrum River offers residents the best of both natural beauty and community spirit. The area is renowned for its lush landscapes and proximity to the river, which offers various recreational activities such as fishing, boating, and bird-watching. The community is tight-knit and friendly, often organizing local events and gatherings that foster a strong sense of belonging among residents. Despite its quaint, rural charm, Burrum River is within a reasonable distance from larger towns like Hervey Bay, ensuring that residents have access to necessary amenities and services without being far removed from nature. This balance of peaceful living and accessibility makes Burrum River an appealing choice for those looking to enjoy a laid-back lifestyle.

Burrum River Real Estate Market Outlook

Thinking about buying in Burrum River? Now could not be a better time, with just 173 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $791,000 with prices in this suburb ranging from $102,000 to $1,758,000. Burrum River is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Burrum River 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 Burrum River 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 Burrum River 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. Medium density in Burrum River necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Burrum River 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 Burrum River a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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