All About Numulgi, Lismore, NSW, 2480

Numulgi, a serene locality within the Lismore region of New South Wales, offers a unique blend of rural charm and community spirit, making it an attractive destination for those seeking a peaceful lifestyle. The housing market here reflects its tranquil appeal, often characterized by picturesque properties set amidst lush landscapes. Generally, home prices in Numulgi tend to be more affordable compared to urban centers, providing excellent value, especially for families and retirees. The area sees a mix of historic and modern homes, with many properties offering expansive acreage, perfect for gardening enthusiasts or those desiring additional privacy. As the market continues to evolve, Numulgi remains appealing to buyers looking for a more relaxed environment without the hustle and bustle of city living.

Living in Numulgi offers residents a close-knit community atmosphere where neighbors often know each other by name. This small-town feel is complemented by the area's beautiful natural surroundings, including rolling hills and easy access to nearby parks and reserves. Local amenities, while not as varied as those in larger towns, are sufficient for day-to-day needs, and the proximity to Lismore means more comprehensive services and shopping are just a short drive away. The area is known for its engaging outdoor lifestyle, with ample opportunities for hiking, cycling, and enjoying nature. The peaceful environment, combined with the scenic beauty and a friendly community, makes Numulgi a delightful place to call home.

Numulgi Real Estate Market Outlook

Thinking about buying in Numulgi? Now could not be a better time, with just 138 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,560,000 with prices in this suburb ranging from $744,000 to $7,139,000. The aproximate distance to the coast is 24 Km.

In Numulgi 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 Numulgi 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 Numulgi provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Numulgi necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Numulgi 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 Numulgi a better buying opportunity than it may have been in the past.

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General Points of Interest

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