Raleigh NSW 2454: Property Market Report & Real Estate Insights

Part of Bellingen, NSW

Raleigh Real Estate Market Outlook

Thinking about buying in Raleigh? Now could not be a better time, with just 439 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $962,000 with prices in this suburb ranging from $113,000 to $3,128,000. Raleigh is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Raleigh

In Raleigh 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 Raleigh 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 Raleigh 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 Raleigh 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

Raleigh, a serene village in Bellingen Shire, New South Wales, offers a unique blend of rural tranquility and community-oriented living. The housing market in Raleigh is characterized by its diverse offerings, from classic rural homesteads on expansive plots to more modern residences that cater to a range of budgets. The allure of Raleigh lies in its lush landscapes and proximity to the Bellinger River, providing picturesque views that appeal to homebuyers seeking a peaceful lifestyle away from the bustle of city life. As of recent market trends, property prices in Raleigh have been relatively stable, making it an attractive prospect for both families and retirees looking to invest in a region noted for its natural beauty and relaxed environment.

Living in Raleigh means embracing a lifestyle deeply connected to nature and community. The village's small population ensures a tight-knit community where neighbors know each other, and local events are well-attended, fostering a strong sense of camaraderie. Residents enjoy easy access to outdoor activities such as hiking, fishing, and exploring the nearby Bellingen and Dorrigo regions, which are renowned for their breathtaking national parks and biodiversity. Despite its rural setting, Raleigh is conveniently situated just a short drive from Coffs Harbour, offering residents access to urban amenities, shopping, and essential services. The blend of country living with accessibility to city comforts makes Raleigh a desirable place to call home.

---

---

---

---

}

---

---

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!