All About Tully, Cassowary Coast, QLD, 4854

Tully, located within the Cassowary Coast Region of Queensland, is known for its lush landscapes, abundant rainfall, and welcoming community vibe. The housing market in Tully reflects its small-town charm and agricultural roots, with a notable variety of properties ranging from modest older homes to modern residences. In recent years, the housing market has seen steady growth due to the area's appeal as a peaceful and affordable place to live. Prices tend to be more affordable compared to urban centers, attracting first-time buyers and families looking for more space and a slower pace of life. However, buyers need to consider the weather conditions particular to Tully, as it is known for being one of the wettest towns in Australia. This weather can affect housing conditions, and buyers should ensure proper inspections are conducted when evaluating properties.

Living in Tully offers a unique blend of rural tranquility and vibrant community life, with many opportunities for outdoor activities given its proximity to stunning natural attractions like Mission Beach and the Tully Gorge National Park. The community is tight-knit, often coming together for local events, markets, and festivals, fostering a strong sense of belonging and support. The lifestyle here is characterized by a laid-back pace, making it an ideal location for those seeking to escape the hustle and bustle of city living. While amenities such as shopping, dining, and entertainment options are more limited compared to larger towns, the essentials are covered, with local shops and services meeting daily needs. Additionally, the town's agricultural backdrop, dominated by sugar and banana farming, contributes to the local economy and offers residents a connection to Queensland's rich farming culture. Overall, Tully provides a serene and supportive environment, with the natural beauty of the Cassowary Coast serving as a constant backdrop to daily life.

Tully Real Estate Market Outlook

Thinking about buying in Tully? Now could not be a better time, with 1931 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $421,000 with prices in this suburb ranging from $34,000 to $4,578,000. The aproximate distance to the coast is 12 Km.

In Tully 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 Tully 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 Tully 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. High density population in Tully requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Tully 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

---

General Points of Interest

---

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!