Lowanna NSW 2450: Property Market Report & Real Estate Insights

Part of Coffs Harbour, NSW

Lowanna Real Estate Market Outlook

Thinking about buying in Lowanna? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $398,000 with prices in this suburb ranging from $58,000 to $1,459,000. The approximate distance to the coast is 15 Km.

Living in Lowanna

In Lowanna 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 Lowanna 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 Lowanna 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 Lowanna 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.

Instant Property Valuation

Lowanna, located in the picturesque hinterlands of Coffs Harbour, New South Wales, offers a serene and rural lifestyle that is increasingly attracting attention from homebuyers seeking tranquility away from the hustle and bustle of city life. This small, close-knit community is surrounded by lush landscapes and verdant forests, providing a peaceful escape with a strong sense of nature. The housing market in Lowanna is characterized by more affordable property prices compared to metropolitan areas, making it an appealing option for families and retirees looking for spacious homes or acreages. The market typically features a mix of charming older homes and newer constructions, with opportunities for renovation and development, catering to a range of preferences and budgets.

Living in Lowanna offers a slower pace of life with a focus on community and outdoor activities. Residents enjoy a tight-knit atmosphere where neighbors often know each other, fostering a friendly and supportive environment. The area boasts various outdoor pursuits such as hiking, bird-watching, and horseback riding, thanks to its proximity to national parks and natural reserves. While amenities within Lowanna itself might be limited, the town is only a scenic drive away from Coffs Harbour, which provides access to shopping centers, schools, healthcare facilities, and entertainment options. This balance of rural charm with accessibility to urban conveniences makes Lowanna an attractive destination for those longing for a peaceful lifestyle immersed in nature.

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