Mungite is not a recognized town or suburb within Broome in Western Australia, which makes providing specific details about the housing market challenging. However, Broome, the larger shire that encompasses Mungite, offers a unique and dynamic housing market characterized by its tropical climate and stunning landscapes. Historically, Broome has experienced fluctuating housing demands influenced by its tourist appeal and the pearling industry. Real estate in the region often includes a mixture of traditional and contemporary styles, with properties offering views of the stunning coastline or the rugged outback. Although the market can be competitive due to its tourist-friendly locale, it remains relatively affordable compared to larger Australian cities, appealing to both investors and families seeking a serene lifestyle.
Living in the Broome area provides residents with a distinctive blend of cultural history and natural beauty. It's a town known for its vibrant multicultural community and a laid-back atmosphere, making it attractive to those who appreciate both the tranquility of remote living and the richness of diverse cultural experiences. Broome's iconic Cable Beach, with its pristine sands and breathtaking sunsets, is a major draw for both tourists and locals. Additionally, the area offers numerous outdoor activities such as fishing, boating, and exploring the nearby national parks. Despite its relatively remote location, Broome is equipped with essential amenities and services, ensuring a comfortable lifestyle. Overall, life in and around Mungite within the Broome region provides a balance of leisurely beach life and rich cultural engagement, attracting residents who seek an exceptional and peaceful living experience.
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Thinking about buying in Munget? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Munget 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 Munget 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 Munget 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 Munget 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 | 7.7 | 25.9 | 35.2 | 53.7 | 92.5 | 4.5 | 23.2 |
Feb | 5.4 | 26.0 | 36.1 | 47.3 | 90.6 | 4.3 | 23.8 |
Mar | 3.9 | 25.3 | 35.9 | 43.6 | 91.1 | 3.6 | 24.1 |
Apr | 0.4 | 22.8 | 35.6 | 36.2 | 85.7 | 3.4 | 21.9 |
May | 1.5 | 18.7 | 32.5 | 30.8 | 76.8 | 3.5 | 18.5 |
Jun | 0 | 14.9 | 31.1 | 22.2 | 66.2 | 3.6 | 17.9 |
Jul | 0.3 | 14.6 | 31.2 | 22.8 | 71.0 | 3.4 | 18.5 |
Aug | 0.2 | 14.8 | 33.4 | 15.4 | 64.0 | 3.8 | 21.4 |
Sept | 0 | 18.4 | 36.5 | 19.4 | 79.7 | 3.9 | 25.8 |
Oct | 0.0 | 22.8 | 37.4 | 27.5 | 82.9 | 4.4 | 27.9 |
Nov | 0.3 | 25.8 | 38.6 | 30.8 | 80.4 | 4.8 | 28.6 |
Dec | 2.7 | 26.5 | 38.1 | 40.1 | 85.4 | 4.9 | 26.7 |
source: Australian Government Bureau of Meteorology
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