Upper Burringbar NSW 2483: Property Market Report & Real Estate Insights

Part of Tweed, NSW

Upper Burringbar Real Estate Market Outlook

Thinking about buying in Upper Burringbar? Now could not be a better time, with just 164 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $931,000 with prices in this suburb ranging from $196,000 to $2,947,000. The approximate distance to the coast is 10 Km.

Living in Upper Burringbar

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Upper Burringbar 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. The slightly lower than average earnings from occupations in Upper Burringbar 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. Lower than average population density constrains growth in Upper Burringbar to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Upper Burringbar 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 Upper Burringbar a better buying opportunity than it may have been in the past.

Instant Property Valuation

Upper Burringbar, located in the Tweed region of New South Wales, offers a unique and serene housing market that attracts those looking for a peaceful rural lifestyle. The area is characterized by its lush greenery, rolling hills, and a strong sense of community, making it an appealing choice for families and retirees. The housing market in Upper Burringbar predominantly features charming country homes, cottages, and small-acreage properties. Prices in this region tend to be more affordable compared to larger cities, providing an opportunity for buyers seeking more space without compromising on budget. The real estate market here experiences moderate demand, primarily driven by individuals and families prioritizing a tranquil lifestyle within proximity to essential amenities and the scenic beauty of northern New South Wales.

Living in Upper Burringbar is marked by a close-knit community and an abundance of natural beauty. Residents enjoy a slower pace of life, surrounded by picturesque landscapes and a rich local culture. The area offers a range of outdoor activities such as hiking, bird watching, and exploring the nearby national parks. Additionally, the community hosts various local events and markets, allowing residents to engage with their neighbors and support local artisans. While Upper Burringbar provides a peaceful retreat from the hustle and bustle of city life, it remains conveniently located within driving distance to the amenities of larger towns like Murwillumbah and the beaches of the Tweed Coast. This blend of rural charm and accessibility makes Upper Burringbar an attractive place to live for those seeking a balance between nature and convenience.

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