Monbon, situated within the Broome region of Western Australia, offers a unique and compelling housing market characterized by its blend of coastal charm and cultural richness. In recent years, the demand for property in Monbon has experienced an uptick, driven by a growing interest in the area's tranquil environment and its proximity to the stunning Indian Ocean coastline. The housing market here predominantly consists of a mixture of modern residences and classic, more traditional homes, reflecting the town’s evolving aesthetic and cultural heritage. Prices in Monbon have shown a steady rise, although they remain relatively affordable compared to larger urban centers, which makes it an attractive option for both investors and those seeking a lifestyle change. This trend is bolstered by the local government's efforts to enhance infrastructure and community facilities, which in turn supports sustained growth in real estate values.
Living in Monbon offers a distinct blend of relaxed rural life and rich cultural experiences. The town's close-knit community is known for its welcoming spirit, making it an ideal place for families, retirees, and those looking to escape the hustle and bustle of city life. Residents enjoy access to a variety of outdoor activities, such as fishing, hiking, and enjoying the pristine beaches that are just a stone's throw away. The influence of Indigenous culture is deeply felt in Monbon, adding an enriching layer to community events and everyday life, with art galleries, local markets, and cultural festivals frequently held throughout the year. Despite its relatively remote setting, Monbon is connected to larger centers via reliable road networks, ensuring that residents can access broader amenities when needed while cherishing the peace and seclusion that comes with living in this picturesque part of western Australia.
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Housing Stock
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Thinking about buying in Monbon? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Monbon 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 Monbon due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Monbon 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Monbon 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 | 10.0 | 26.4 | 33.3 | 58.9 | 90.2 | 4.5 | 21.7 |
| Feb | 7.2 | 26.4 | 33.3 | 58.4 | 90.3 | 4.3 | 23.1 |
| Mar | 2.3 | 26.1 | 34.3 | 50.7 | 90.3 | 3.8 | 22.9 |
| Apr | 0.6 | 23.3 | 34.8 | 35.2 | 89.2 | 3.3 | 22.0 |
| May | 0.7 | 18.4 | 32.1 | 27.5 | 83.4 | 3.3 | 18.9 |
| Jun | 0.1 | 15.8 | 30.0 | 25.6 | 80.6 | 3.4 | 17.8 |
| Jul | 0.0 | 14.3 | 29.7 | 22.1 | 81.2 | 3.3 | 18.7 |
| Aug | 0.2 | 14.2 | 30.8 | 20.4 | 88.1 | 3.3 | 21.2 |
| Sept | 0.0 | 18.6 | 32.7 | 28.6 | 90.8 | 3.5 | 25.1 |
| Oct | 0.0 | 23.5 | 33.7 | 41.0 | 88.6 | 4.2 | 27.3 |
| Nov | 0.5 | 26.4 | 34.7 | 45.0 | 84.4 | 4.4 | 28.1 |
| Dec | 2.7 | 27.3 | 34.8 | 50.2 | 84.6 | 4.7 | 26.9 |
source: Australian Government Bureau of Meteorology
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