Thinking about buying in Dundee Downs? Now could not be a better time, with just 233 residential dwellings it's a highly sought after location. Dundee Downs is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Dundee Downs 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 Dundee Downs 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 Dundee Downs 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 Dundee Downs 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 Dundee Downs 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 Dundee Downs a better buying opportunity than it may have been in the past.
285 barramundi dr, dundee downs, nt, 0840 | $199,000 |
None within suburb boundary
(While the above schools are located with the suburb of Dundee Downs 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 | 27.5 | 26.1 | 32.6 | 67.5 | 93.9 | 2.5 | 19.1 |
Feb | 13.0 | 26.1 | 32.2 | 68.9 | 92.3 | 2.6 | 20.9 |
Mar | 7.8 | 25.6 | 32.6 | 65.7 | 94.8 | 2 | 21.5 |
Apr | 6 | 24.3 | 33.4 | 54.4 | 97.8 | 1.5 | 21.2 |
May | 2.5 | 23.4 | 33 | 47.6 | 93.4 | 1.6 | 20.0 |
Jun | 0 | 17.9 | 31.6 | 36.6 | 97.3 | 1.6 | 20 |
Jul | 0 | 18.5 | 31.2 | 39 | 95.6 | 1.6 | 20.5 |
Aug | 0.0 | 18.5 | 31.5 | 35.3 | 94.8 | 1.8 | 22.8 |
Sept | 1.2 | 22.0 | 32.8 | 47.8 | 94.8 | 1.7 | 24.0 |
Oct | 0.5 | 25.2 | 33.1 | 54.6 | 86.6 | 2.0 | 24.5 |
Nov | 1.0 | 25.4 | 33.6 | 56.7 | 89.6 | 1.8 | 22.8 |
Dec | 5.4 | 27.0 | 33.6 | 63.5 | 88.9 | 2.2 | 21.4 |
source: Australian Government Bureau of Meteorology
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