All About Ilford, Mid-Western Regional, NSW, 2850

Ilford, located in the Mid-Western Regional area of New South Wales, is a small rural locale known for its serene landscapes and close-knit community. The housing market in Ilford is characterized by its affordability compared to urban centers, offering a peaceful escape from the hustle and bustle of city life. Properties here often encompass large parcels of land, reflecting its rural nature, and are ideal for those looking to enjoy a more laid-back, country lifestyle. Recent trends in the housing market indicate gradual growth, attributed to an increasing interest from those seeking to invest in rural properties or find a quieter place to live. While not as dynamic as metropolitan areas, the market in Ilford offers a unique blend of affordability and space, making it appealing for families and retirees.

Living in Ilford means embracing a tranquil, country setting with a strong sense of community. The area is surrounded by picturesque views, including rolling hills and vast open spaces, providing numerous opportunities for outdoor activities such as hiking and horseback riding. Despite its rural setting, Ilford is not isolated — it benefits from its proximity to larger towns within the Mid-Western Regional Council area, ensuring residents have access to necessary amenities and services. The lifestyle here is marked by a slower pace, with an emphasis on community events and local gatherings. Residents enjoy the benefits of a tight-knit community where neighbors know each other, fostering a welcoming and friendly atmosphere.

Ilford Real Estate Market Outlook

Thinking about buying in Ilford? Now could not be a better time, with just 238 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $654,000 with prices in this suburb ranging from $30,000 to $3,623,000. The aproximate distance to the coast is 132 Km.

In Ilford 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 Ilford 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 Ilford 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 Ilford 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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