Firefly NSW 2429: Property Market Report & Real Estate Insights

Part of Mid-Coast, NSW

Firefly Real Estate Market Outlook

Thinking about buying in Firefly? Now could not be a better time, with just 177 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $937,000 with prices in this suburb ranging from $219,000 to $2,094,000. The approximate distance to the coast is 21 Km.

Living in Firefly

In Firefly 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 Firefly 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 Firefly 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 Firefly 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 Firefly a better buying opportunity than it may have been in the past.

Instant Property Valuation

Nestled in the picturesque region of Mid-Coast, New South Wales, Firefly is a serene rural locality that has been capturing the attention of potential homeowners seeking tranquility away from bustling urban centers. The housing market in Firefly is characterized by its affordability compared to nearby larger towns and cities, making it an attractive option for families and retirees looking for spacious properties with scenic landscapes. The real estate options range from charming country cottages to larger family homes, often set on expansive blocks of land, allowing for privacy and a closer connection to nature. In recent years, there has been a steady interest in the area, with people drawn to the idea of a peaceful country lifestyle coupled with the potential for future growth as the broader Mid-Coast region continues to develop.

Living in Firefly offers a unique lifestyle that blends the best of rural living with convenient access to essential amenities. Residents enjoy the peaceful ambiance and strong sense of community, with neighbors often knowing one another and partaking in local events and activities. The area is surrounded by lush greenery, rolling hills, and beautiful waterways, providing ample opportunities for outdoor activities such as hiking, fishing, and horseback riding. Despite its rural setting, Firefly isn't isolated; it's within reasonable driving distance to the larger townships of Taree and Forster, where residents can find shopping centers, healthcare facilities, and educational institutions. This ideal balance of seclusion and accessibility makes Firefly a desirable location for those yearning for a slower-paced lifestyle where they can relish in natural beauty while still having the conveniences of modern life within reach.

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