Investment Property in Regional NSW
Selecting an investment property in regional NSW is a big decision. Finding out if a town is a good fit for your investment is just as important as finding the right property. Thoughtful analysis of Inverell’s demographics, attractions, employment opportunities and median property prices will help you understand the Inverell lifestyle and make an informed decision about your investment.
Located in the New England North West region of New South Wales, Inverell is nestled in a picturesque valley next to the Macintyre River, and is easily accessed from the Newell and New England Highways via the Gwydir Highway. Inverell, with a local population of 16,075, is a bustling commercial and service centre.
Inverell's town centre showcases its proud pioneering history with beautiful restored buildings and a modern and vibrant retail district. Known as “The Sapphire City", due to its early 20th century mining associations at Fraziers Creek, Inverell is proud of its cultural history and celebrates it often with entertaining events for the whole family. One-third of Inverell’s population consists of families with children and you will see most of them on the sports fields of a weekend.
As of February 1, 2016, statistics of homes sold in Inverell showed that 2 bedroom homes = $184,000, 3 bedroom homes = $223,500 and 4 bedroom homes = $350,000, with a median home sales price of $247,625.
The town offers quality primary education at Inverell Public School and Ross Hill School, and high school education at Macintyre High School and Inverell High School. Families interested in a Roman Catholic education will find Holy Trinity School a good match for their kindergarten through year ten students.
Boutique shoppers will enjoy browsing through the wares at a variety of local shops offering fashion, home decor, antiques, jewellery, sporting goods, and original art. Inverell also boasts chain stores like Big W, Bunnings, Woolworths and Coles.
Eating out is a delight, from casual take-away chains such as McDonalds, KFC and Subway to cafes like Freckles cafe, Fe Fi Fo Patisserie and Riverside cafe, to Asian restaurants like the Yim Thai Restaurant and Inverell Palace Chinese Restaurant. Inverell residents will find many dining options.
Situated on the western edge of the Northern Tablelands, Inverell offers a pleasant, moderate climate with cool nights and warm sunny days, and features plenty of activities for the outdoor enthusiast, such as sailing, skiing, water activities and camping. Nature buffs will appreciate the unique walking tracks of the Kwiambal and Kings Plain National Park. While mainly established to conserve nature, the park is open for exploring and bird-watching.
Families with children will like visiting the Copeton Waters Holiday Park. Situated 40 km from Inverell, in addition to accommodations and camping facilities, it sports a playground, splash park, free barbeques and picnic facilities. Copeton Dam provides Inverell with water security too, with a capacity of 1,364,000 Megalitres and a surface area of 4,620 hectares.
Sports catered for are cricket, tennis, squash, rugby league and union, golf, soccer, polocrosse, campdrafting, hockey, touch football, netball, athletics, little athletics, Auskick, Austag, water skiing, swimming, basketball, gymnastics, cycling, softball, bowls, horse and harness racing, motor cycling, martial arts, car racing, pistol, rifle and trap shooting and indoor sports. All fun activities for everyone with well maintained and supported facilities.
Inverell's premier sporting event is the International Grafton to Inverell Cycling Classic. This Classic Race is in its 54th year and is a huge one day event that covers 220kms over the Great Dividing Range taking in some fantastic scenery.
There are a variety of industry employment opportunities in Inverell, including retail trade, manufacturing, health care and social assistance, construction, public administration and safety, education and training, and professional, scientific and technical services. Major employers are Bindaree Beef, McLean Care and Boss Engineering.
In addition to our thriving local industries, Inverell is embarking on several major projects which could provide employment opportunities – the Ashford Water Treatment Plant Renewal, the multi-faceted Town Centre Renewal Plan, and the Inverell Sewerage Treatment Plant Rehabilitation project.
Contact Us Today
Like most prospective Sydney and Brisbane property investors, you look for investment opportunities in locations that provide potential residents with attractive options. Inverell, NSW has everything a potential resident is looking for in a new community.
Please contact us today to discuss turn key house and land packages we have available to take advantage of the affordability of regional NSW investment properties.