November 10, 2014
Kurrajong mortgage broker Andrew Heath explains the quiet appeal of this rural haven.
For Sydneysiders hoping to escape the hustle and bustle, Kurrajong offers the perfect destination for a day trip or weekend getaway. For about 3,000 lucky residents, Kurrajong is also a very special place to live.
Behind the peaceful village atmosphere we see today, Kurrajong has quite a stormy past. First settled in around 1790, Kurrajong was home to the feared bushranger Jack Donahoe and his gang who regularly bailed up travellers on the infamous Bells Line of Road.
Fast forward to 2014, and Kurrajong is considerably more peaceful. The area’s rolling hills, historic sites and magnificent homes on acreage act as a drawcard for those who seek a sense of space and tranquility. Kurrajong home owners also enjoy a surprising variety of eateries giving the village a wonderful cosmopolitan vibe.
Kurrajong home values up 29.3%
Residents who have taken out a Kurrajong home loan in the last few years have been rewarded with excellent capital gains. Over the last five years Kurrajong home values have risen by 29.3%, and the median Kurrajong house price today is around $662,500.
I have seen vacant blocks of land for sale in Kurrajong for half this price as well as acreage priced in the $500,000s but buyers should act fast. Kurrajong is experiencing a renaissance as a growing number of workers embrace the flexibility of telecommuting, which removes the need to live in close proximity to traditional employment hubs. With schools and a wealth of other facilities nearby, I’m finding a growing number of families are enquiring about Kurrajong home loans as a means of achieving their dreams of rural living. With the right home loan, you can achieve this goal too.
Your Kurrajong home loan expert
For more information on financing a tree change to Kurrajong, contact Kurrajong home loan specialist - Andrew Heath, at Mortgage Choice Richmond on 02 4578 9904 or 0411 550 600. Or call in and see us at 1/37 Lennox Street, Richmond.
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*All property data sourced to RP Data Suburb ScoreCard, Corporate Edition. Data Set May 14 published August 14.