Thinking about buying in Lake Bennett? Now could not be a better time, with just 184 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $532,000 with prices in this suburb ranging from $243,000 to $1,407,000. The aproximate distance to the coast is 29 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
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| Average Income | $ |
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| Average Properties Within 50M |
Housing Stock
Average Property Prices
Lake Bennett Real Estate Market Outlook
In Lake Bennett 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 Lake Bennett 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 Lake Bennett 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 Lake Bennett 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 Lake Bennett 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 Lake Bennett a better buying opportunity than it may have been in the past.
Properties for sale Lake Bennett
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UNIT 18, 841 CHINNER RD, LAKE BENNETT, NT, 0822 |  1 |
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$359,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Lake Bennett there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Bennett 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 24.3 | 32.8 | 60.2 | 95.2 | 1.9 | 19.9 |
| Feb | 10.7 | 23.6 | 32.3 | 57.1 | 95.7 | 2.0 | 19.3 |
| Mar | 5.0 | 23.6 | 34.1 | 48.1 | 94.8 | 1.7 | 23.3 |
| Apr | 0.6 | 22.2 | 33.8 | 39.8 | 91.0 | 1.7 | 21.8 |
| May | 0 | 18.6 | 33.2 | 28.1 | 83.4 | 2.1 | 20.6 |
| Jun | 0 | 19.0 | 33.6 | 27.8 | 80.4 | 2.2 | 19.7 |
| Jul | 0.2 | 17.3 | 32.7 | 24.0 | 77.8 | 2.3 | 20.3 |
| Aug | 0 | 17.6 | 34.0 | 19.6 | 84.4 | 1.9 | 22.3 |
| Sept | 0.6 | 21.8 | 36.4 | 26.5 | 89.8 | 1.8 | 22.5 |
| Oct | 1.7 | 23.2 | 37.1 | 26.7 | 89.7 | 1.9 | 24.2 |
| Nov | 2.5 | 24.4 | 37.6 | 31.4 | 88.6 | 1.8 | 22.3 |
| Dec | 9.5 | 24.3 | 34.3 | 49.6 | 93.8 | 1.8 | 20.1 |
source: Australian Government Bureau of Meteorology
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