Paddys Flat, located within the scenic region of Kyogle in New South Wales, presents an intriguing snapshot of the rural housing market. The area is characterized by expansive properties, often featuring charming pastoral or wooded landscapes that attract those seeking a lifestyle away from urban hustle. The housing market in Paddys Flat typically consists of large acreage properties and homesteads, reflecting the agrarian roots and tranquil setting of the region. Price points in this market tend to be more affordable compared to larger cities, making it an attractive option for those looking to embrace a peaceful rural lifestyle or invest in a quieter retreat. However, being a rural locality, the market may experience less frequent transactions compared to suburban or metropolitan areas, which can make it slightly challenging for buyers or sellers seeking fast turnovers.
Living in Paddys Flat offers a lifestyle steeped in natural beauty and serenity, ideal for those who appreciate a slower pace of life. The community is small and tight-knit, providing a sense of shared identity and camaraderie among residents. The rural setting ensures plenty of opportunities for outdoor activities such as hiking, horseback riding, and fishing, with abundant natural flora and fauna enhancing the lifestyle experience. However, the seclusion that Paddys Flat offers also means limited access to some amenities and services that are readily available in more densely populated areas. Residents often need to travel to nearby towns for certain shopping, dining, and healthcare needs. Despite this, many cherish the peace and simplicity of life in Paddys Flat, where the natural surroundings and community spirit provide a fulfilling and tranquil living environment.
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Thinking about buying in Paddys Flat? Now could not be a better time, with just 7 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $549,000 with prices in this suburb ranging from $549,000 to $549,000. The aproximate distance to the coast is 101 Km.
In Paddys Flat 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 Paddys Flat 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 Paddys Flat 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 Paddys Flat 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Paddys Flat there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.3 | 15.6 | 27.6 | 45.7 | 95.2 | 2.2 | 24.5 |
Feb | 2.2 | 15.2 | 25.9 | 52.6 | 96.4 | 2.2 | 23.6 |
Mar | 3.3 | 14.2 | 24.6 | 49.3 | 92.4 | 2.0 | 18.2 |
Apr | 1.1 | 10.0 | 21.8 | 48.7 | 97.3 | 1.8 | 16.6 |
May | 1.6 | 5.4 | 17.6 | 50.7 | 97.7 | 1.7 | 13.1 |
Jun | 1.4 | 3.9 | 15.0 | 53.7 | 97.8 | 2.0 | 11.6 |
Jul | 1.3 | 2.4 | 14.9 | 45.3 | 97.2 | 1.9 | 12.5 |
Aug | 1.6 | 2.4 | 16.5 | 36.2 | 95.3 | 2.0 | 15.3 |
Sept | 1.0 | 6 | 20.6 | 32.9 | 92.3 | 2.4 | 19.2 |
Oct | 2.2 | 9.0 | 22.8 | 36.9 | 94.5 | 2.2 | 22.8 |
Nov | 1.4 | 12.3 | 26.3 | 36.8 | 93.2 | 2.2 | 25.8 |
Dec | 3.8 | 14.5 | 26.7 | 43.9 | 95.6 | 2.2 | 25.2 |
source: Australian Government Bureau of Meteorology
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