As of recent years, the housing market in Gurguru, a small locality in East Arnhem in the Northern Territory, has reflected the broader trends seen across many remote areas in Australia. With a relatively low population and limited housing stock, the market here tends to demonstrate a stable yet modest growth pattern. The scarcity of new developments, largely due to the geographical remoteness and intense commitment to preserving the natural landscape, has often kept property prices stable. Houses can range from traditional single-story homes to more modern constructions that integrate the natural surroundings. The rental market is similarly tight, with demand often exceeding supply, particularly during peak tourist seasons when workers come to support the local economy.
Living in Gurguru offers a unique and enriching experience, deeply rooted in the stunning natural backdrop of East Arnhem Land. Residents enjoy a blend of cultural richness and natural beauty, with easy access to pristine beaches, rugged coastlines, and lush bushlands. The community is predominantly Indigenous, providing a vibrant cultural presence and a strong sense of community. Daily life here is marked by a slower pace, offering a break from the hustle of urban living, which appeals to individuals and families seeking serenity and a deep connection with nature. However, the remoteness can pose challenges, such as access to amenities and services, but for many, the benefits of living amidst such stunning landscapes and close-knit community life far outweigh these drawbacks.
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Housing Stock
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Thinking about buying in Gurrumuru? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Gurrumuru 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 Gurrumuru 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 Gurrumuru 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 Gurrumuru 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 Gurrumuru 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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