Arawerr, located within the Barkly Region of the Northern Territory, offers a unique perspective on the housing market due to its remote and rural context. Given its location, the real estate market in Arawerr is relatively small and less competitive compared to urban areas, with properties primarily consisting of basic housing structures and community-built residences. The demand for housing has been traditionally low, mainly due to the limited population and economic activities centered around the community and agricultural pursuits. Housing prices, therefore, tend to be more affordable, but the limited availability of homes means that finding the perfect property can require patience. Recent initiatives by the Northern Territory government to improve infrastructure and utilities may impact future real estate developments, potentially driving interest over time.
Living in Arawerr offers a distinctive lifestyle characterized by close-knit community ties and a strong connection to the land. Residents experience a peaceful, slow-paced life, surrounded by the vast and breathtaking landscapes typical of the Northern Territory's outback. The community is deeply rooted in indigenous culture, offering rich cultural experiences and traditions that are integral to daily life. While the amenities and services are limited compared to larger towns or cities, the quality of life is enriched by the serene environment and the opportunity to engage closely with the natural world. Despite the challenges of remote living, such as limited access to healthcare and education, the sense of community and the unique cultural heritage present compelling reasons for those choosing to reside in Arawerr.
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Thinking about buying in Arawerr? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Arawerr 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 Arawerr 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 Arawerr 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 Arawerr to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Arawerr we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Arawerr a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Arawerr 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 | 3.4 | 22.6 | 36.2 | 29.0 | 72.3 | 3.5 | 26.2 |
Feb | 1.1 | 22.0 | 36.8 | 23.9 | 63.3 | 3.5 | 25.5 |
Mar | 1.0 | 19.8 | 35.5 | 20.6 | 58.1 | 2.9 | 23.0 |
Apr | 0.4 | 14.8 | 31.6 | 20.2 | 60.6 | 3.4 | 21 |
May | 0.4 | 10.5 | 25.9 | 25.2 | 68.5 | 2.5 | 17.3 |
Jun | 0.2 | 6.1 | 22.7 | 27 | 76.2 | 2.5 | 15.9 |
Jul | 0.2 | 5.4 | 23.8 | 20.7 | 66.6 | 2.8 | 16.9 |
Aug | 0.0 | 6.1 | 25.5 | 15.7 | 55 | 3.1 | 19.5 |
Sept | 0.3 | 11.6 | 30.5 | 13.9 | 47.4 | 3.4 | 23.0 |
Oct | 0.4 | 15.2 | 33.4 | 16.0 | 51.4 | 3.4 | 26.4 |
Nov | 0.8 | 19.9 | 36.7 | 15.1 | 50.1 | 3.6 | 27.8 |
Dec | 3.0 | 21.7 | 36.8 | 22.2 | 63.0 | 3.6 | 26.4 |
source: Australian Government Bureau of Meteorology
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