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All About Nanum, Weipa, QLD, 4874

Nanum, a suburb of Weipa in Queensland, offers a unique and serene living experience characterized by its remote location in the Cape York Peninsula. The housing market in Nanum is reflective of the area's role as a pivotal mining town, primarily driven by the aluminum industry. While the real estate market might not be as dynamic or fast-paced as urban centers, it provides a stable environment for homeowners and renters who are typically associated with the local mining operations or the supporting industries. Housing options range from modest single-family homes to more contemporary units designed to accommodate the needs of professionals and families employed with the mining companies. The market is influenced by the ebb and flow of the mining sector, which can affect housing demand and pricing trends.

Living in Nanum offers a blend of community-centered lifestyle and access to natural wonders, making it attractive for those who appreciate both work-life balance and outdoor activities. Residents enjoy a peaceful, small-town vibe, where community events and local gatherings are commonplace, fostering a tight-knit atmosphere. Proximity to pristine beaches and lush landscapes means numerous opportunities for fishing, camping, and exploring the breathtaking natural beauty of the region. The town is equipped with essential amenities including schools, shops, and healthcare facilities, ensuring that residents have access to necessary services while still enjoying a life far removed from the hustle and bustle of larger urban areas. Overall, Nanum presents a unique living environment where the sense of community and natural surroundings are highly valued.

Household Makeup

Median Weekly Rent $560.00
Median Monthly Mortgage $2200.00
Median Persons Per bed houseroom 1.00
Average Household Size 3.00
Average Age 28.00
Average Income $1554.00
Average Cars Per Dwelling 2.34
Average Properties Within 50M 11
Typical 2 bed house$465,000
Typical 3 bed house$588,000
Typical 4 bed house$683,000
Typical 5 bed house$506,000
Typical 6 bed+ house$1,086,000

Housing Stock

Local Internet Speeds

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Nanum Real Estate Market Outlook

Thinking about buying in Nanum? Now could not be a better time, with 511 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $631,000 with prices in this suburb ranging from $266,000 to $1,695,000. Nanum is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Nanum driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Nanum are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Nanum changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Nanum necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Nanum we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Nanum a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

St Joseph's Parish School

Western Cape College

(While the above schools are located with the suburb of Nanum 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.

Nanum 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
Jun0.120.031.245.590.83.418.6
Jul0.019.431.243.290.13.819.2
Aug0.019.132.635.989.03.621.2
Sept0.020.234.531.687.03.923.7
Oct0.922.035.931.288.03.426.3
Nov2.823.536.136.389.03.226.1
Dec7.824.434.648.293.12.724.4
Jan18.024.432.063.896.02.818.5
Feb12.424.532.063.994.53.020.1
Mar12.924.031.96296.02.620.1
Apr423.132.354.894.42.921.5
May0.621.731.950.590.83.719.8

source: Australian Government Bureau of Meteorology




General Points of Interest


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