All About Mallanganee, Kyogle, NSW, 2469

Mallanganee, a charming rural village located in the Kyogle Shire of New South Wales, offers a quaint and laid-back lifestyle amidst the scenic landscapes of the Northern Rivers region. The housing market in Mallanganee is characterized by its affordability compared to larger cities and coastal towns, making it an attractive option for those looking to escape the hustle and bustle of urban life. Properties in Mallanganee typically include a mix of older homes and larger plots of land, which appeal to families and retirees seeking peaceful surroundings and space for hobbies such as gardening or keeping livestock. The demand in this area is generally driven by its natural beauty and tranquility, with potential buyers appreciating the opportunity to embrace a simpler lifestyle.

Living in Mallanganee provides residents with a strong sense of community and connection to the natural environment. The village's proximity to national parks offers residents easy access to outdoor activities such as hiking and birdwatching, enhancing the appeal for nature lovers and adventurers. With basic amenities within reach and the larger town of Kyogle nearby, locals enjoy the balance of rural peace with the convenience of modern services. The region's fertile soil and favorable climate are ideal for agriculture, supporting a lifestyle that blends personal or small-scale farming efforts with residential living. Overall, Mallanganee presents a serene and inviting atmosphere, making it a wonderful place for those looking to relish a slower pace of life surrounded by the beauty of nature.

Mallanganee Real Estate Market Outlook

Thinking about buying in Mallanganee? Now could not be a better time, with just 191 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $413,000 with prices in this suburb ranging from $55,000 to $1,565,000. The aproximate distance to the coast is 68 Km.

In Mallanganee 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 Mallanganee 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 Mallanganee 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 Mallanganee 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

---

---

---

---

---

Public Transport

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!