All About Knockrow, Ballina, NSW, 2479

Knockrow, located in the Ballina Shire of New South Wales, is a charming rural locality known for its serene environment and lush landscapes. The housing market in Knockrow tends to reflect its peaceful and picturesque setting, featuring a mix of spacious rural properties, contemporary homes, and older farmhouses. The real estate scene here is generally characterized by larger lots, offering residents ample space and privacy, an ideal escape from the bustle of urban life. Despite its tranquility, Knockrow's proximity to popular towns like Byron Bay and Ballina makes it an attractive option for buyers seeking a blend of country living with convenient access to modern amenities and beachside leisure.

Living in Knockrow offers a tranquil lifestyle amidst rolling hills and verdant farmlands, where the pace is unhurried and the community is close-knit. Residents enjoy the natural beauty of the region, with easy access to walking trails and the picturesque Hinterland. Being just a short drive from the coast, locals can also indulge in the vibrant beach culture of nearby towns. The sense of community is strong, with local events and markets fostering social connections. Overall, Knockrow provides a harmonious balance of rural charm and accessible modern conveniences, making it an appealing place for those seeking a quieter life in the scenic landscape of New South Wales.

Knockrow Real Estate Market Outlook

Thinking about buying in Knockrow? 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 $3,281,000 with prices in this suburb ranging from $765,000 to $7,603,000. Knockrow is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Knockrow 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 Knockrow provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Knockrow to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Knockrow 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 Knockrow a better buying opportunity than it may have been in the past.

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General Points of Interest

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