Araru Point, nestled in the West Arnhem region of the Northern Territory, offers a distinctive and relatively untouched slice of the Australian landscape. The housing market here is characterized by its scarcity and the unique challenges of remote living. Properties are limited, often comprising traditional housing and some modernized dwellings that cater to the needs of both locals and those drawn to its stunning natural environment. Market activity can be sporadic, with buying and renting options varying significantly based on availability and infrastructure development in adjacent areas. The region's natural beauty, including its proximity to Kakadu National Park, makes it appealing to those seeking an immersive experience in Australia's wilderness, but these factors also contribute to the complexities and often premium pricing within the real estate market.
Living in Araru Point offers residents an unparalleled connection to the natural world, fostering a lifestyle that is deeply intertwined with the environment. The community is typically close-knit, given the region's remote nature, and residents often engage in activities such as fishing, hiking, and cultural exchanges with Indigenous communities. The lifestyle here is one of simplicity and self-sufficiency, as the area is relatively remote and lacks many of the conveniences found in urban centers. This remoteness also demands a degree of adaptability, with access to amenities and services like shopping, healthcare, and technology being more limited compared to larger towns and cities. Despite these challenges, many find the tranquility and unique cultural landscape of Araru Point to be incredibly rewarding, providing a stark contrast to the pace and bustle of city living.
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Thinking about buying in Araru Point? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Araru Point there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Araru Point is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Araru Point leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Araru Point to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Araru Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Araru Point there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 17.2 | 25.8 | 31.7 | 65.6 | 90.6 | 4.2 | 19.4 |
Feb | 7.5 | 26.2 | 31.8 | 71.9 | 90.5 | 3.6 | 21.3 |
Mar | 5.8 | 26.0 | 32.1 | 76.5 | 95.2 | 2.9 | 21.2 |
Apr | 5.1 | 24.8 | 32.4 | 67.2 | 95.5 | 2.8 | 20.9 |
May | 0 | 23.5 | 31.3 | 42.9 | 72.2 | 3.6 | 21.3 |
Jun | 0 | 22.2 | 30.4 | 31.8 | 55.1 | 3.8 | 20.2 |
Jul | 0.0 | 21.3 | 30.4 | 36.2 | 71.8 | 3.8 | 20.9 |
Aug | 0 | 21.3 | 30.8 | 45.0 | 87.8 | 3.6 | 22.8 |
Sept | 0 | 24.3 | 32.6 | 46.7 | 85.5 | 3.7 | 24.5 |
Oct | 0 | 24.6 | 33.6 | 47.1 | 85.2 | 3.3 | 27.1 |
Nov | 0.2 | 25.6 | 34.0 | 50.4 | 83.4 | 2.6 | 27.8 |
Dec | 1.1 | 26.7 | 34.2 | 57 | 83.6 | 3.3 | 24.0 |
source: Australian Government Bureau of Meteorology
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