All About Minnamurra, Kiama , NSW 2533

Minnamurra Real Estate Market Outlook

Thinking about buying in Minnamurra? Now could not be a better time, with just 486 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,755,000 with prices in this suburb ranging from $97,000 to $5,551,000. Minnamurra 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Minnamurra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Minnamurra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Minnamurra 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

Minnamurra, located in the scenic region of Kiama, New South Wales, offers a serene and picturesque living environment that appeals to many potential homeowners. The housing market in Minnamurra is characterized by its coastal charm, with properties often featuring stunning views of the ocean and access to beautiful beaches. The area predominantly offers a mix of quaint cottages and modern homes, appealing to both families and retirees looking for a peaceful community. Over recent years, Minnamurra has seen a steady increase in property values, reflecting its desirability and the limited number of homes available in this sought-after location. With its proximity to Sydney, Minnamurra provides a tranquil escape without being too far from urban conveniences, making it an attractive choice for those seeking a balanced lifestyle.

Living in Minnamurra is renowned for its laid-back atmosphere and natural beauty. Residents enjoy easy access to pristine beaches, rivers, and national parks, which are perfect for outdoor activities such as swimming, surfing, fishing, and hiking. The community is tight-knit, fostering a friendly and welcoming environment where neighbors often know each other by name. Amenities in Minnamurra include local cafes, shops, and excellent schools, contributing to a comfortable living experience. For those who appreciate the arts and culture, the nearby town of Kiama offers a variety of galleries, festivals, and markets to explore. Overall, Minnamurra combines the charm of a coastal village with the conveniences of modern living, making it a delightful place to call home.

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