Thinking about buying in Tortilla Flats? Now could not be a better time, with just 31 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $370,000 with prices in this suburb ranging from $370,000 to $370,000. The aproximate distance to the coast is 48 Km.
Household Makeup
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Housing Stock
Average Property Prices
Tortilla Flats Real Estate Market Outlook
In Tortilla Flats 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 Tortilla Flats due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Tortilla Flats classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Tortilla Flats 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. Lower than average industry presence in Tortilla Flats 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 Tortilla Flats a better buying opportunity than it may have been in the past.
Properties for sale Tortilla Flats
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7409 STUART HWY, TORTILLA FLATS, NT, 0822 |  |
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Offers Over $4,500,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Tortilla Flats there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Tortilla Flats 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 24.3 | 32.8 | 60.2 | 95.2 | 1.9 | 19.9 |
| Feb | 10.7 | 23.6 | 32.3 | 57.1 | 95.7 | 2.0 | 19.3 |
| Mar | 5.0 | 23.6 | 34.1 | 48.1 | 94.8 | 1.7 | 23.3 |
| Apr | 0.6 | 22.2 | 33.8 | 39.8 | 91.0 | 1.7 | 21.8 |
| May | 0 | 18.6 | 33.2 | 28.1 | 83.4 | 2.1 | 20.6 |
| Jun | 0 | 19.0 | 33.6 | 27.8 | 80.4 | 2.2 | 19.7 |
| Jul | 0.2 | 17.3 | 32.7 | 24.0 | 77.8 | 2.3 | 20.3 |
| Aug | 0 | 17.6 | 34.0 | 19.6 | 84.4 | 1.9 | 22.3 |
| Sept | 0.6 | 21.8 | 36.4 | 26.5 | 89.8 | 1.8 | 22.5 |
| Oct | 1.7 | 23.2 | 37.1 | 26.7 | 89.7 | 1.9 | 24.2 |
| Nov | 2.5 | 24.4 | 37.6 | 31.4 | 88.6 | 1.8 | 22.3 |
| Dec | 9.5 | 24.3 | 34.3 | 49.6 | 93.8 | 1.8 | 20.1 |
source: Australian Government Bureau of Meteorology
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