Foxground NSW 2534: Property Market Report & Real Estate Insights

Part of Kiama, NSW

Foxground Real Estate Market Outlook

Thinking about buying in Foxground? Now could not be a better time, with just 117 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,988,000 with prices in this suburb ranging from $896,000 to $8,996,000. Foxground is located fairly close to the coast at just 4Km 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 Foxground

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Foxground due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Foxground 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. 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. Lower than average industry presence in Foxground 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 Foxground a better buying opportunity than it may have been in the past.

Instant Property Valuation

Foxground, located within the lush landscapes of Kiama, NSW, is a serene enclave known for its rolling hills and picturesque views. The housing market here is characterized by its blend of quaint rural properties and more extensive country estates, offering a peaceful retreat from the buzz of urban life. In recent years, there has been a noticeable interest from buyers seeking both primary residences and holiday homes, largely due to Foxground's idyllic setting and proximity to the coast. The region’s real estate is often sought after for its exclusivity, with properties boasting vast land parcels and the allure of privacy, appealing to those looking for a tranquil lifestyle amidst nature. Despite its rural charm, the housing market remains moderately competitive, reflecting its desirability among those who value a slower pace of life balanced with accessibility to nearby towns and amenities.

Living in Foxground is a dream for those who cherish the great outdoors and a close-knit community. The area is graced with an abundance of natural beauty, from sprawling green pastures to native bushland, making it ideal for outdoor activities such as hiking, horseback riding, and birdwatching. Residents enjoy a strong sense of community, with local events and markets providing opportunities to connect with neighbors and local artisans. The small-town charm of Foxground is complemented by its proximity to the larger township of Kiama, where additional amenities such as schools, shops, and healthcare facilities are readily accessible. For families and individuals desiring a harmonious blend of rural tranquility and convenient accessibility, Foxground presents a highly appealing lifestyle option.

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