Buymarr, a community in East Arnhem, Northern Territory, offers a unique and vivid picture of life in a remote part of Australia. The housing market in Buymarr is relatively small, characterized by a modest selection of homes that cater primarily to the local Indigenous population and a few non-Indigenous residents who work in the area. Housing options often include traditional dwellings and government-funded homes, reflecting the cultural and economic dynamics of the community. The demand for housing is influenced by the employment opportunities provided by nearby industries, such as fishing and mining, as well as government services. However, the remote location and limited real estate developments mean that the housing market is less volatile compared to urban centers, with fewer fluctuations in property prices, leading to a stable market that serves the needs of the local population.
Living in Buymarr offers a deep connection to nature and a strong sense of community, hallmarks of life in East Arnhem. Residents enjoy a laid-back lifestyle, surrounded by stunning landscapes that include pristine beaches, dense bushland, and rich wildlife. The community is rich in Yolngu culture, with traditional practices and languages thriving alongside modern influences. This unique cultural tapestry is one of the defining aspects of living in Buymarr, fostering a strong sense of identity and cohesion among its residents. The remote setting can pose challenges in terms of access to some services and amenities typically found in larger towns or cities, but the community's resourcefulness and close-knit nature often compensate for these limitations. Overall, living in Buymarr offers a distinctive experience that is both culturally enriching and deeply connected to the land.
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Housing Stock
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Thinking about buying in Buymarr? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Buymarr 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 Buymarr 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 Buymarr 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Buymarr 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 Buymarr 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 | 8.7 | 25.1 | 32.4 | 61.3 | 94.6 | 3.7 | 20.0 |
| Feb | 9.2 | 24.7 | 32.3 | 60.3 | 95.3 | 3.4 | 20.3 |
| Mar | 9.6 | 24.5 | 31.8 | 62.9 | 96.5 | 3.1 | 19.8 |
| Apr | 7.5 | 23.7 | 31.3 | 61.1 | 95.0 | 3.4 | 19.9 |
| May | 2.7 | 22.8 | 30.0 | 59.2 | 91.1 | 4.5 | 18.9 |
| Jun | 1.1 | 21.6 | 28.9 | 57.1 | 90.0 | 4.7 | 18.1 |
| Jul | 0.4 | 20.6 | 28.7 | 55.7 | 91.2 | 4.7 | 18.9 |
| Aug | 0.1 | 18.5 | 29.6 | 49.8 | 96.1 | 3.7 | 21.8 |
| Sept | 0.0 | 19.4 | 30.9 | 46.7 | 94.4 | 3.5 | 25.1 |
| Oct | 0.8 | 21.6 | 32.2 | 49.1 | 94.0 | 3.5 | 26.2 |
| Nov | 1.3 | 23.6 | 33.5 | 50.5 | 92.0 | 3.2 | 26.3 |
| Dec | 3.7 | 24.6 | 33.5 | 52.6 | 93.0 | 2.9 | 24.8 |
source: Australian Government Bureau of Meteorology
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