All About Eltham, Lismore, NSW, 2480

Eltham, a quaint rural suburb located within the Lismore area of New South Wales, has become an increasingly attractive spot for homebuyers seeking a blend of countryside charm and community warmth. The housing market in Eltham is characterized by its relatively affordable properties compared to urban centers, with a range of homesteads, charming cottages, and expansive rural properties. This affordability, combined with the allure of spacious lots and scenic views, makes Eltham a desirable location for families and retirees alike. The area’s real estate market often sees interest from those eager to escape the hustle and bustle of city life, providing a peaceful retreat within commuting distance to larger towns and cities.

Living in Eltham offers a serenely picturesque environment, marked by rolling hills, lush greenery, and a close-knit community spirit. Residents enjoy the tranquility and natural beauty of the region, with easy access to outdoor activities such as hiking and cycling. Despite its rural setting, Eltham is conveniently located near essential amenities and services available in nearby Lismore, ensuring that residents can enjoy a balanced lifestyle. The village atmosphere fosters a sense of community, with local events and gatherings providing opportunities for social engagement. Overall, Eltham offers a peaceful lifestyle with the charm of rural living paired with the convenience of nearby urban resources.

Eltham Real Estate Market Outlook

Thinking about buying in Eltham? Now could not be a better time, with just 175 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,577,000 with prices in this suburb ranging from $398,000 to $7,210,000. The aproximate distance to the coast is 15 Km.

In Eltham 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 Eltham 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. A mix of professions and above average income earners in Eltham provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Eltham 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 Eltham 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 Eltham a better buying opportunity than it may have been in the past.

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General Points of Interest

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