Bingie NSW 2537: Property Market Report & Real Estate Insights

Part of Eurobodalla, NSW

Bingie Real Estate Market Outlook

Thinking about buying in Bingie? Now could not be a better time, with just 149 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $906,000 with prices in this suburb ranging from $35,000 to $2,417,000. Bingie is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Bingie

In Bingie 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 Bingie 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 Bingie 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 Bingie 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

Bingie, a coastal locality in Eurobodalla, NSW, offers a unique and stunning place to live, characterized by its serene surroundings and beautiful landscapes. The housing market in Bingie reflects its desirability, with properties often showcasing panoramic views of the ocean or set within lush, natural environments. Homes here range from charming beachside cottages to more expansive modern residences, catering to a variety of preferences and budgets. Despite a trend towards slightly increasing property prices due to growing interest, Bingie remains relatively affordable compared to bigger cities, making it an attractive option for those seeking a coastal lifestyle without breaking the bank.

Living in Bingie means embracing a tranquil and community-focused lifestyle. Residents enjoy easy access to pristine beaches and nature reserves, making it perfect for outdoor enthusiasts who love activities such as fishing, hiking, and surfing. The small, tight-knit community is known for its friendly and welcoming nature, often gathering for local events and activities that celebrate the area's natural beauty and heritage. While the area is quiet and somewhat remote, essential amenities and services are accessible within a short drive to nearby towns, such as Moruya. All these aspects make Bingie a gem for those looking to experience a peaceful, nature-centric way of life.

---

---

---

---

}

---

---

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!