As of the most recent updates, the housing market in Mount Maiyo, located in the Victoria Daly region of the Northern Territory, exhibits characteristics typical of rural Australian communities. The area is marked by a limited housing supply, primarily consisting of single-family homes that reflect the modest, utilitarian architecture typical of the region. Properties here are often set on vast plots, giving homeowners ample space and privacy, a stark contrast to the denser living conditions found in urban areas. The market experiences low turnover, as many residents are long-term inhabitants with deep ties to the area, which can both stabilize prices and limit the availability of homes for newcomers. Despite this, the housing market remains relatively affordable compared to larger cities, which can be appealing for those seeking a quieter lifestyle or a more cost-effective living situation.
Living in Mount Maiyo offers a unique, tranquil experience with the benefits and challenges of rural life. The community is tight-knit, with residents often engaged in local events and gatherings, providing a sense of connection and support. The natural environment surrounding Mount Maiyo is stunning, with vast landscapes, diverse wildlife, and opportunities for outdoor activities such as hiking and fishing, which are integral to the lifestyle of many who live there. However, residents must adapt to limited access to amenities and services that are readily available in more urban areas, such as extensive shopping options, medical facilities, and entertainment venues. Despite these challenges, those who thrive in Mount Maiyo value the slower pace of life, the serene setting, and the strong sense of community.
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Housing Stock
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Thinking about buying in Mount Maiyo? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Mount Maiyo 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 Mount Maiyo 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 Mount Maiyo 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 Mount Maiyo 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 Mount Maiyo 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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