Upper Orara NSW 2450: Property Market Report & Real Estate Insights

Part of Coffs Harbour, NSW

Upper Orara Real Estate Market Outlook

Thinking about buying in Upper Orara? Now could not be a better time, with just 406 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,129,000 with prices in this suburb ranging from $52,000 to $3,558,000. Upper Orara is located fairly close to the coast at just 7Km 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 Upper Orara

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Upper Orara 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 Upper Orara 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 Upper Orara 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

Upper Orara, located within the Coffs Harbour region of New South Wales, offers a unique blend of rural tranquility and easy access to urban amenities, making it an attractive place for those seeking a balanced lifestyle. The housing market in Upper Orara typically features a variety of properties, ranging from charming countryside homes surrounded by lush landscapes to larger estates on sprawling acreage, ideal for families or those desiring more space. Property prices in Upper Orara tend toward the higher end due to its desirable location and the peaceful, spacious living it offers. However, the area's popularity is on the rise, driven by its proximity to Coffs Harbour, where residents can find additional amenities, schools, and employment opportunities.

Living in Upper Orara is perfect for those who appreciate nature and a serene environment. The community is known for its friendly and welcoming atmosphere, with a strong emphasis on outdoor activities and environmental conservation. Residents often enjoy local attractions such as the Orara River, which provides opportunities for kayaking, fishing, and picnicking. The natural beauty of the area is further enhanced by lush rainforests and rolling hills, offering plenty of trails for hiking and exploring. Despite its peaceful rural setting, Upper Orara is just a short drive from the bustling city of Coffs Harbour, allowing residents to enjoy both the quiet countryside and the convenience of urban living.

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