Thinking about buying in Northam? Now could not be a better time, with just 38 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $753,000 with prices in this suburb ranging from $434,000 to $2,293,000. The aproximate distance to the coast is 72 Km.
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In Northam 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. Incomes in Northam are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Northam 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. High density population in Northam requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.5 | 16.5 | 33.7 | 24.9 | 78.2 | 5.1 | 27.7 |
Feb | 0.9 | 17.9 | 33.2 | 28.6 | 77.2 | 5.0 | 24.2 |
Mar | 1 | 16.8 | 31.3 | 30.6 | 78.8 | 4.6 | 19.9 |
Apr | 1.0 | 13.6 | 27.3 | 35.2 | 82.6 | 3.8 | 15.1 |
May | 2.0 | 9.1 | 22.6 | 40.1 | 85.7 | 3.6 | 12.0 |
Jun | 3.6 | 9.0 | 19.7 | 49.4 | 88.2 | 3.5 | 10 |
Jul | 5.4 | 9.4 | 18.4 | 55.1 | 91.9 | 4.1 | 9.9 |
Aug | 3.8 | 8.5 | 18.9 | 51.0 | 91.0 | 3.8 | 13.0 |
Sept | 1.6 | 9.1 | 21.4 | 44.4 | 90.2 | 3.7 | 17.4 |
Oct | 0.8 | 11.2 | 25.4 | 38.6 | 89.7 | 4.2 | 21.4 |
Nov | 0.2 | 13.8 | 30.6 | 27.0 | 81.2 | 4.9 | 27.7 |
Dec | 0.4 | 15.1 | 32.3 | 24.9 | 79.1 | 4.9 | 30.2 |
source: Australian Government Bureau of Meteorology
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