Woodford Island NSW 2463: Property Market Report & Real Estate Insights

Part of Clarence Valley, NSW

Woodford Island Real Estate Market Outlook

Thinking about buying in Woodford Island? Now could not be a better time, with just 164 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $672,000 with prices in this suburb ranging from $359,000 to $1,579,000. The approximate distance to the coast is 17 Km.

Living in Woodford Island

In Woodford Island 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 Woodford Island 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. The slightly lower than average earnings from occupations in Woodford Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Woodford Island 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 Woodford Island 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 Woodford Island a better buying opportunity than it may have been in the past.

Instant Property Valuation

Woodford Island in Clarence Valley, New South Wales, is a picturesque rural area that offers a unique living experience amidst Australia's natural beauty. As the largest inland island in the Southern Hemisphere, Woodford Island is surrounded by the Clarence River, providing stunning water views and opportunities for water-based activities like fishing and kayaking. The housing market on Woodford Island features a variety of properties, ranging from rustic farmhouses to modern homes, often set on substantial plots of land. This provides ample space for gardening, outdoor recreation, and enjoying the scenic environment. The real estate market is relatively stable, with properties offering good value compared to more urban areas, attracting those looking for serenity and a slower pace of life.

Living on Woodford Island offers a tranquil lifestyle with a strong sense of community among residents. The island's rural setting means that services and amenities are accessible, but often require a short drive to nearby towns, such as Maclean or Grafton, for shopping, dining, and healthcare facilities. The community here enjoys a peaceful coexistence with nature, with native wildlife frequently seen around the properties and public areas. Despite its rural charm, Woodford Island is not far from the Pacific Highway, making it relatively easy to travel to larger cities when needed. Overall, life on Woodford Island appeals to those seeking a blend of rural charm, natural beauty, and a tight-knit community.

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