Bangalow 2479 Property Market

Bangalow NSW Property Market

Bangalow is a well-known, serene and pretty countryside town that was originally established on the banks of Byron Creek.

Its coastal charm, lush surrounds and fresh produce makes it the ideal location if you are looking to settle into that earthy, boho lifestyle. Although plenty of young families choose Bangalow family home as their town of residence, it is also an ideal spot for professionals and creatives.

Lifestyle

Bangalow boasts plenty of top-quality cafés, homeware stores and offers ample entertainment options for both young and old alike. Seeing as it lies within Byron Bay’s hinterland, it is nestled in an area of rolling hills that offers picturesque views of countryside living at its best.

The town is known for plenty of agricultural activity and is close to dairy farms and coffee plantations. As such, this town is a foodie’s dream and has rightfully earned a spot on the Northern River’s foodie trail. With organic produce grown just an arm’s length away, the town’s eateries have managed to curate menus based on what’s in season.

Bangalow offers a community of young families and like-minded creatives, all of who enjoy the spoils of this quiet oasis. Being less than an hour from the Gold Coast and 20-minutes from Byron Bay, locals have easy access to various coastal entertainment.

Various attractions like the Channon, the Newrybar and Crystal Castle and Shambhala Gardens truly make this place one-of-a-kind and offer plenty of distraction from the hustle and bustle of nearby towns.

Geolocation Factors

Bangalow is located 758km north of Sydney and 165km south of Brisbane. This quaint little town is just 13km west of Byron Bay and just over an hour away and within 100km from the Gold Coast. Ballina Byron Gateway Airport is just a 40-minute drive away from Bangalow, which makes travelling very convenient!

It offers a gallery, rug shop and plenty of culinary wonderlands like the Choux Choux Patisserie and the Butcher Baker.

If you would like to dive into the town’s history, the Bangalow Heritage House, Museum and Tea Room boasts an interesting collection of memorabilia and historic photographs of the cedar cutters and farmers who originally settled in the area.

Another great attraction is Minyon Falls, which is located 24km north of Bangalow. It passes the Minyon Grass Picnic Area and offers a 2 km walking trail to the base of the falls. The waterfall is glorious and tumbles 97m down sheer cliffs of solidified lava into the gorge below.

The area offers plenty of public and private schools, which makes it the ideal location to raise a family. Furthermore, the wonderful tourist locations, seaside living and rural backdrop of the town will ensure eventful weekends with lots of activities to partake in!

Property Statistics

The following data (taken from Property Value) gives an overview of the median sale price for houses in Bangalow.

Median sale price: $1.1 million

Median price change (1yr): 15.54%

Median rent: $650 per week

Median gross yield: 3.1%

Mortgage repayments are likely to range between $1800 – $2399 per month. In general, individuals residing in Bangalow work in a professional occupation. In 2011, 65.2% of the homes in Bangalow were owner-occupied, which increased to 70.4% in 2016. This shows a preference for buying residences instead of renting them in Bangalow.

Demographics Of The Bangalow Area

Bangalow’s population in 2011 totalled 1903 people and, by 2016, it had grown to 2022. This trend indicates a population growth of 6.3% in the area during that specific time.

The predominant age group in the town falls between 40-49 years of age with households consisting mostly of couples with children (47.7% of the population). Childless couples make up 34% of the population, single-parent households make up 17.9% and the remaining population consists of other demographic groups.

Buyers Advocate Bangalow

If you’re ready to settle down and start a family or work on your career in the picturesque town of Bangalow, Savvy Fox can help you to find your dream property.

It can be tough to find a Bangalow Buying Agent with your best interests at heart. But, at Savvy Fox, we aim to find you a home that you absolutely adore without breaking the bank! So, if you’re in need of an experienced Buyers Advocate Bangalow, give us a call.

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