Increase in Rural Lifestyle Buyers

Thursday 30 Jul 2020

A perfect storm is gathering as a mixture of events coincide to put a spotlight on my area of expertise.
 
I’ve seen a strong increase in demand for rural lifestyle properties in the Coffs Coast Region due to a number of factors:
 
•    COVID-19 - city dwellers are feeling its time to move to a bit more space as well as discovering they can actually work remotely or perhaps have taken earlier-than-expected retirement.
•    Value - prices in our area are still good value when compared with areas closer to the metro areas
•    Infrastructure - the Coffs Coast is going through a huge growth surge with upgrades to our hospital, airport, retirement accommodation and the Coffs Bypass almost ready to start.
 
Lack of stock is seeing good competition amongst buyers through the normally quieter winter period, so coming into spring will be interesting.
 
Should you be considering downsizing or upsizing, or would just like some in-depth advice on your property, please contact one of our experienced team for a chat.