Lloyd NSW 2650: Property Market Report & Real Estate Insights

Part of Wagga Wagga, NSW

Lloyd Real Estate Market Outlook

Thinking about buying in Lloyd? Now could not be a better time, with 873 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $625,000 with prices in this suburb ranging from $53,000 to $1,805,000. The approximate distance to the coast is 264 Km.

Living in Lloyd

In Lloyd 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 Lloyd 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 Lloyd provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lloyd to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Lloyd, a suburb in Wagga Wagga, New South Wales, offers a unique blend of tranquility and growth, making it an appealing place for homebuyers and investors alike. Over recent years, the housing market in Lloyd has seen steady development with a mix of modern residential homes and townhouses, attracting families and young professionals. The area is known for its spacious properties, often featuring large yards, which provide an excellent environment for families. Moreover, the housing prices in Lloyd tend to be more affordable compared to some of the more urbanized areas, offering great value for those looking to settle in a less congested space while still being close to the amenities of Wagga Wagga.

Living in Lloyd provides residents with a harmonious balance of peaceful suburban life and convenient access to city facilities. Residents enjoy a strong sense of community, with local parks and recreational areas fostering an outdoor lifestyle and encouraging neighborly interactions. Additionally, the suburb is well-served by public transport, connecting to the central business district of Wagga Wagga and surrounding regions, which makes commuting relatively straightforward. The proximity to schools, shopping centers, healthcare facilities, and leisure activities ensures that everything a modern family needs is within easy reach, thereby enhancing the quality of life. Overall, Lloyd presents an inviting environment for those seeking a comfortable and community-focused lifestyle.

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