All About Piallaway, Gunnedah, NSW, 2342

Piallaway, in the Gunnedah region of New South Wales, offers a unique opportunity for those looking to enter the housing market in a serene and rural environment. The housing market in Piallaway is relatively affordable compared to major urban centers, with opportunities to purchase expansive properties that offer both space and the potential for agricultural use. Many homes in the area are set on large plots of land, providing ample room for gardening, livestock, or simply enjoying the open space. Recent trends indicate a steady demand from individuals and families seeking a quieter lifestyle, away from the hustle and bustle of city life, yet with reasonable access to essential services and amenities in nearby towns like Gunnedah.

Living in Piallaway offers a glimpse into the authentic rural lifestyle, characterized by a strong sense of community and connection with nature. The region is known for its picturesque landscapes, with rolling hills and open fields that change with the seasons, providing a stunning backdrop for daily life. Residents often enjoy outdoor activities such as hiking, bird watching, and exploring nearby national parks. Community events and local markets foster a close-knit atmosphere, bringing locals together throughout the year. Despite its rural setting, Piallaway is within driving distance of larger towns, ensuring access to schools, healthcare, and shopping facilities, making it a balanced choice for those seeking tranquility without sacrificing convenience.

Piallaway Real Estate Market Outlook

Thinking about buying in Piallaway? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,242,000 with prices in this suburb ranging from $365,000 to $2,304,000. The aproximate distance to the coast is 205 Km.

In Piallaway 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 Piallaway 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 Piallaway 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 Piallaway 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!