Liku, a small indigenous community situated within the larger Victoria Daly Region of the Northern Territory, offers a distinctive and somewhat isolated experience in terms of housing market dynamics. The housing market in Liku is fundamentally shaped by its remote location and the socio-economic characteristics unique to small indigenous communities. Unlike urban centers where market trends are largely dictated by supply and demand dynamics, the housing situation here is more influenced by government policies and community-led initiatives aimed at improving living conditions for indigenous populations. Housing supply often comes in the form of government or Council-supported programs, focusing mostly on essential infrastructure improvement and maintenance, rather than traditional buying and selling processes seen in more densely populated areas.
Living in Liku is shaped by a strong sense of community and cultural heritage, with traditional customs and practices remaining central to daily life. Despite the challenges posed by its remoteness, such as limited access to some public services and commercial amenities, residents benefit from a lifestyle that is deeply connected to the surrounding natural environment. There’s a palpable emphasis on community support and collaboration, which can offer a rewarding living experience for those who value these aspects. However, potential residents or visitors should be prepared for the logistical realities of living in a remote area, such as travel distances to major service centers and limited infrastructure compared to urban areas. Overall, living in Liku provides a unique blend of cultural richness and communal living, set against the backdrop of the Northern Territory’s stunning landscapes.
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Thinking about buying in Liku? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Liku 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 Liku 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 Liku 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 Liku 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 Liku 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 | 4.9 | 25.2 | 38.0 | 31.7 | 80.2 | 3.9 | 24.8 |
Feb | 4.0 | 24.0 | 37.0 | 29.8 | 77.6 | 3.5 | 23.8 |
Mar | 1.8 | 22.7 | 37.2 | 24.1 | 70.1 | 3.3 | 23.7 |
Apr | 0.8 | 19.3 | 34.7 | 20.1 | 62.1 | 3.2 | 21.4 |
May | 0.2 | 14.8 | 30.6 | 20.1 | 61.4 | 3.6 | 18.3 |
Jun | 0.0 | 11 | 27.6 | 19.3 | 57.4 | 3.5 | 17.9 |
Jul | 0.2 | 10.3 | 28.9 | 17.0 | 58.3 | 3.2 | 18.4 |
Aug | 0.0 | 11.3 | 30.0 | 11.8 | 41.4 | 3.6 | 21 |
Sept | 1.3 | 16.9 | 33.3 | 15.7 | 50.8 | 3.8 | 23.4 |
Oct | 0.7 | 22.4 | 39.3 | 12.3 | 42.3 | 3.9 | 25.9 |
Nov | 0.8 | 24.4 | 40.1 | 14.4 | 49.2 | 3.8 | 25.4 |
Dec | 3.7 | 25.0 | 39 | 24.2 | 68.8 | 3.7 | 24.3 |
source: Australian Government Bureau of Meteorology
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