Mooneba NSW 2440: Property Market Report & Real Estate Insights

Part of Kempsey, NSW

Mooneba Real Estate Market Outlook

Thinking about buying in Mooneba? 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 $690,000 with prices in this suburb ranging from $479,000 to $993,000. The approximate distance to the coast is 27 Km.

Living in Mooneba

In Mooneba 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 Mooneba 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 Mooneba 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 Mooneba 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

Mooneba, located in the Kempsey Shire of New South Wales, is a serene and charming area that offers a snapshot of rural Australian life. The housing market in Mooneba is characterized by its affordability and variety, making it an attractive option for individuals and families looking to escape the hustle and bustle of city life. Homes in Mooneba often feature spacious land parcels, providing residents with vast yards and opportunities for gardening or small-scale farming. The market is predominantly composed of established homes, with occasional new developments that cater to those seeking contemporary living. Because of its rural nature, the housing market here tends to be more stable, with less volatility compared to metropolitan areas, offering a sense of security and long-term investment potential.

Living in Mooneba provides a peaceful and laid-back lifestyle that embraces the natural beauty of the Australian countryside. The community is close-knit, with residents often knowing their neighbors and participating in local events and activities. The surrounding landscape includes scenic views, pristine rivers, and expansive forest areas, which offer countless opportunities for outdoor recreation such as hiking, fishing, and bird watching. While Mooneba enjoys the tranquility of rural living, it is conveniently located near Kempsey, where residents can access a range of amenities, including shops, schools, and medical facilities. Moreover, the region's cultural heritage and connection to Indigenous history add a rich layer of cultural significance to life in Mooneba, making it a unique and fulfilling place to call home.

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