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All About Marralum, Victoria Daly, NT, NULL

Marralum, located in the Victoria Daly region of the Northern Territory, presents a unique aspect of the Australian housing market characterized by its remoteness and the particular needs of its predominantly Indigenous community. Housing in Marralum tends to be limited with supply often reflecting the area's low population density and relative isolation. As part of a broader initiative, there have been efforts to improve housing conditions and availability, addressing both the quality and cultural appropriateness of housing to better meet the needs of its residents. The market here is not driven by traditional factors such as speculation or investment opportunities seen in urban areas but rather by governmental and community development initiatives focusing on sustainability and livability.

Living in Marralum offers a distinctive experience shaped by its natural surroundings, cultural heritage, and close-knit community structure. The lifestyle here is deeply connected to the land and traditional ways of life, with many residents participating in activities such as fishing, hunting, and cultural practices passed down through generations. The area is serviced with basic amenities, although access can be limited compared to urban centers, necessitating a degree of self-sufficiency among residents. Social activities often revolve around community events and gatherings, which play a crucial role in maintaining cultural connections and supporting communal life. Despite the challenges associated with living in a remote location, Marralum offers a tranquil environment and a strong sense of community, making it a unique place to live in the Northern Territory.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

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Marralum Real Estate Market Outlook

Thinking about buying in Marralum? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.

In Marralum 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 Marralum 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 Marralum 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 Marralum 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Marralum there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Marralum 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
Jan10.32535.548.695.1322.6
Feb9.324.835.646.495.32.822.4
Mar2.824.436.637.092.02.423.4
Apr0.721.636.128.788.22.421.3
May0.218.233.425.180.62.819.9
Jun015.231.221.274.62.619.0
Jul014.131.517.879.82.720.2
Aug013.632.913.476.12.821.8
Sept0.418.837.116.581.92.725.6
Oct0.722.239.318.782.33.126.9
Nov1.425.440.028.889.13.324.9
Dec6.325.136.842.894.82.925.4

source: Australian Government Bureau of Meteorology





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