Maryland NSW 2287: Property Market Report & Real Estate Insights

Part of Newcastle, NSW

Maryland Real Estate Market Outlook

Thinking about buying in Maryland? Now could not be a better time, with 3326 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $792,000 with prices in this suburb ranging from $51,000 to $12,317,000. Maryland is located fairly close to the coast at just 9Km 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 Maryland

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 Maryland due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Maryland 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 Maryland 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 Maryland 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 Maryland a better buying opportunity than it may have been in the past.

Instant Property Valuation

Maryland, a suburb in Tenterfield, New South Wales, offers a unique snapshot of rural Australian living with a blend of historical charm and modern conveniences. The housing market in this region has been relatively stable, reflecting broader trends seen in many parts of regional Australia. Property prices here are generally more affordable compared to urban areas, providing appealing opportunities for first-time homebuyers or those looking to retire in a quiet, picturesque setting. A mix of heritage-listed properties and more contemporary homes contributes to a diverse architectural landscape, attracting a variety of buyers. The demand for housing in Maryland is steady, supported by its appeal as a serene and community-focused locale, especially among those seeking respite from the hustle and bustle of city life.

Living in Maryland, Tenterfield offers a peaceful and fulfilling lifestyle, characterized by scenic landscapes, a supportive community, and a slower pace of life. The town is known for its heritage and history, with beautiful parks, quaint streets, and a strong sense of community. Residents enjoy local amenities such as schools, shops, and healthcare facilities, ensuring convenience in day-to-day living. The climate, with its four distinct seasons, enhances the region's natural beauty, encouraging outdoor activities like hiking, cycling, and gardening. Maryland's community events and local markets foster a vibrant local culture that brings together its residents and visitors alike. Whether drawn by its affordability or its lifestyle, Maryland offers a welcoming and enriching environment for its inhabitants.

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Nearby Suburbs

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