Question 1

Is Lilli Pilli a nice place to live?

Accepted Answer

Lilli Pilli is a delightful coastal suburb that offers a serene and picturesque lifestyle, making it a wonderful place to call home. Nestled in the Eurobodalla region, it is renowned for its stunning beaches and lush natural surroundings, providing residents with a tranquil retreat from the hustle and bustle of city life. The suburb exudes a peaceful vibe, perfect for those who appreciate the beauty of nature and a close-knit community atmosphere. With its charming coastal charm, Lilli Pilli is an attractive destination for families and retirees alike, offering a relaxed lifestyle with a strong sense of community.

Families will find Lilli Pilli particularly appealing due to its proximity to essential amenities such as schools and recreational facilities. The suburb's location just south of Batemans Bay ensures that residents have easy access to retail, schooling, and medical services, while still enjoying the tranquility of their coastal haven. Safety is generally not a concern, as the suburb maintains a peaceful and secure environment. While Lilli Pilli may not boast the nightlife or bustling activity of larger urban areas, it more than compensates with its natural beauty and opportunities for outdoor activities, such as beach outings and bushland walks.

Living in Lilli Pilli does come with a few trade-offs. The suburb's quiet nature means that major infrastructure developments are unlikely, and significant day-to-day amenity improvements are more likely to occur in nearby centres like Batemans Bay. However, for those who value a slower pace of life and the chance to immerse themselves in nature, Lilli Pilli offers an idyllic setting. Ultimately, Lilli Pilli is a charming and peaceful suburb that provides a high quality of life, especially for those seeking a relaxed coastal lifestyle surrounded by natural beauty.

Question 2

Is it expensive to live in Lilli Pilli?

Accepted Answer

Living in Lilli Pilli, a picturesque suburb in southern Sydney, can be quite challenging when it comes to affordability, especially if you're looking to rent. With no current median house or unit prices available, it's difficult to gauge the exact cost of purchasing property. However, rental prices provide some insight into the area's living expenses. The average rent for houses is around $663 per week, which is relatively high compared to other suburbs.

When comparing the average wage in Lilli Pilli, which stands at approximately $85,000 per year, to the average household income of $1355 per week, it becomes evident that a significant portion of income would be allocated to housing costs. This can make living in Lilli Pilli expensive, particularly for those earning an average wage. While the suburb offers a beautiful setting and a peaceful lifestyle, potential residents should carefully consider their financial situation to ensure they can comfortably manage the costs associated with living in this charming area.

Question 3

Is Lilli Pilli a good place to invest?

Accepted Answer

Lilli Pilli presents a unique investment opportunity, particularly for those seeking stable rental income. While the median house and unit values have remained steady over the past year, the suburb has seen a notable increase in rental demand, with house rents rising by 6.1%. This suggests a strong rental market, which can be appealing for investors looking for consistent returns.

The suburb's appeal lies in its tranquil coastal lifestyle, making it a desirable location for families and retirees. The lack of change in property values indicates a stable market, which can be attractive for investors who prefer lower risk and steady returns over volatile market conditions. Additionally, the steady rental market for houses suggests ongoing demand, which can provide a reliable income stream.

Overall, Lilli Pilli offers a balanced investment option with its stable property values and growing rental demand. While it may not promise rapid capital growth, its consistent rental returns and lifestyle appeal make it a solid choice for investors seeking long-term stability and income potential.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-22.9%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	91	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	N/A	N/A

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