Piallamore NSW 2340: Property Market Report & Real Estate Insights

Part of Tamworth Regional, NSW

Piallamore Real Estate Market Outlook

Thinking about buying in Piallamore? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,032,000 with prices in this suburb ranging from $395,000 to $2,229,000. The approximate distance to the coast is 165 Km.

Living in Piallamore

In Piallamore 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 Piallamore 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 Piallamore provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Piallamore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Piallamore 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 Piallamore a better buying opportunity than it may have been in the past.

Instant Property Valuation

Piallamore, located within the Tamworth Regional area of New South Wales, offers a serene and rural lifestyle with its lush landscapes and wide-open spaces. The housing market in Piallamore is characterized by a mix of traditional country homes and modern developments, catering primarily to those seeking a peaceful retreat from the bustling city life. With relatively affordable property prices compared to larger urban centers, Piallamore is an attractive option for families, retirees, and anyone interested in enjoying a slower pace of living amidst picturesque natural surroundings. The community often attracts buyers looking for larger plots of land, offering both privacy and the opportunity to engage in activities like gardening or small-scale farming.

Living in Piallamore provides a strong sense of community and close-knit neighborly relations, a common feature in smaller regional towns. Residents enjoy the tranquil lifestyle that comes with living in a rural setting while still having access to the amenities and services available in nearby Tamworth, which is just a short drive away. This proximity ensures that inhabitants can easily commute for work, education, or leisure activities, benefiting from the best of both worlds. The area is also known for its scenic beauty, with opportunities for outdoor activities such as hiking, horseback riding, and exploring the local flora and fauna, contributing to a wholesome and fulfilling lifestyle. Overall, Piallamore offers a charming blend of rural peace and accessibility, making it an appealing place for those looking to settle in a welcoming and naturally beautiful environment.

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