All About Kennedy, Cassowary Coast, QLD, 4816

Kennedy, located within the Cassowary Coast region in Queensland, presents a unique and appealing housing market characterized by its tranquil rural setting and accessibility to natural attractions. The area predominantly features detached homes and acreage properties, offering potential buyers ample living space and a serene environment. Over recent years, the housing market in Kennedy has seen a stable demand, driven by those seeking a peaceful lifestyle away from the hustle and bustle of city life, yet still wanting proximity to essential amenities and the breathtaking landscapes of tropical Queensland. The affordability of properties in Kennedy compared to larger urban areas further adds to its appeal, making it an attractive choice for families and retirees alike.

Living in Kennedy provides residents with a quintessential experience of rural Queensland, embracing a community-centered lifestyle amidst lush greenery and diverse wildlife. This small community is ideal for nature lovers and outdoor enthusiasts, given its close proximity to World Heritage-listed rainforests and picturesque coastline. The climate is tropical, with warm temperatures year-round, encouraging a lifestyle that revolves around outdoor activities like hiking, fishing, and exploring the nearby national parks. Despite its rural setting, Kennedy offers easy access to the broader Cassowary Coast region's amenities, including schools, healthcare facilities, and shopping centers, ensuring that residents enjoy both the tranquility of country life and the convenience of modern living.

Kennedy Real Estate Market Outlook

Thinking about buying in Kennedy? Now could not be a better time, with just 143 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $479,000 with prices in this suburb ranging from $129,000 to $859,000. Kennedy 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 Kennedy 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 Kennedy 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 Kennedy 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. High density population in Kennedy requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Kennedy 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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