Blakebrook NSW 2480: Property Market Report & Real Estate Insights

Part of Lismore, NSW

Blakebrook Real Estate Market Outlook

Thinking about buying in Blakebrook? Now could not be a better time, with just 185 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $985,000 with prices in this suburb ranging from $443,000 to $6,801,000. The approximate distance to the coast is 32 Km.

Living in Blakebrook

In Blakebrook 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 Blakebrook 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. A mix of professions and above average income earners in Blakebrook provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Blakebrook necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Blakebrook 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 Blakebrook a better buying opportunity than it may have been in the past.

Instant Property Valuation

Blakebrook, a quaint rural locality situated in the scenic Lismore region of New South Wales, offers a serene and laid-back lifestyle, attracting those who seek a peaceful escape from bustling city life. The housing market in Blakebrook is characterized by spacious properties, often featuring lush greenery and expansive views of the surrounding countryside. Given its rural setting, the area typically offers larger plots of land, which are ideal for families looking for room to grow or for individuals interested in agriculture or outdoor hobbies. This abundance of space combined with relatively affordable housing costs compared to urban centers makes Blakebrook an attractive option for homebuyers seeking a balance between tranquility and value.

Living in Blakebrook provides a genuine taste of country life while still being conveniently close to the amenities of the nearby city of Lismore. Residents enjoy a strong sense of community and the opportunity to engage in a variety of outdoor activities, such as hiking, fishing, and exploring the local national parks. The region is known for its stunning landscapes, with rolling hills and picturesque farmlands creating a serene backdrop for everyday life. Despite its rural charm, Blakebrook maintains access to essential services and facilities, ensuring a comfortable lifestyle for its residents. Overall, Blakebrook represents an ideal locale for those wishing to immerse themselves in the beauty of the Australian countryside while enjoying a tight-knit community atmosphere.

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