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All About Buffalo Farm, West Arnhem, NT, NULL

As of the latest insights, the housing market in Buffalo Farm, located within the West Arnhem region of the Northern Territory, reflects a blend of rural charm and economic opportunity. This area, characterized by its proximity to stunning natural landscapes and national parks, offers a unique real estate environment. The properties here are predominantly large parcels of land, often catering to agricultural or rural residential needs, with increasing interest from those seeking to escape urban centers. Prices tend to be more affordable compared to larger cities, making it an attractive option for both first-time buyers and investors looking for promising long-term returns. Recent trends indicate a stable market, influenced by infrastructural improvements and the influx of residents looking for serene, nature-centric living.

Living in Buffalo Farm offers a lifestyle deeply connected to the natural world, with vast expanses of untouched land and a close-knit community atmosphere. Residents enjoy the tranquility and space that come with rural life, complemented by the diverse ecosystem of the surrounding area, including proximity to the famous Kakadu National Park. The community is small but welcoming, fostering a sense of camaraderie among those who appreciate the land's beauty and heritage. Despite its remote setting, essential amenities and services are accessible, although the area may lack some conveniences of urban living. The lifestyle here appeals to those interested in outdoor activities such as birdwatching, fishing, and hiking, as well as individuals and families looking for a peaceful retreat away from the bustle of city life.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Buffalo Farm Real Estate Market Outlook

Thinking about buying in Buffalo Farm? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.

In Buffalo Farm 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Buffalo Farm due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Buffalo Farm classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Buffalo Farm requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Buffalo Farm 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 Buffalo Farm a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Buffalo Farm there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Buffalo Farm weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan12.724.833.753.688.82.420.0
Feb13.324.633.755.895.02.421.4
Mar8.824.834.252.494.72.221.8
Apr4.924.134.741.289.22.322.4
May0.823.034.035.579.02.820.7
Jun019.832.231.275.32.820.1
Jul0.120.033.028.071.63.020.8
Aug0.019.534.620.673.82.822.7
Sept1.322.036.722.579.62.825.0
Oct2.324.337.926.182.62.826.7
Nov3.825.337.335.188.12.525.7
Dec6.025.736.344.691.02.423.6

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

GiindaNourlangieKakaduPatongaParadise FarmPatonga HomesteadDjirrbiyakSpring PeakMamukalaKapalga

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