Wallaby Island in Kowanyama, Queensland, presents a unique housing market characterized by its community-centric lifestyle and the natural beauty of the surrounding environment. The real estate market in this region is relatively small-scale compared to metropolitan areas, with properties often consisting of modest family homes and traditional Queenslander-style houses. The market here tends to be stable, with less volatility in prices typically seen in larger cities, largely due to a lower turnover rate and a consistent demand from locals who seek to remain within the community. Recent trends indicate a growing interest in the area from individuals looking to escape the hustle and bustle of urban life, drawn by the serene landscape and the promise of a close-knit community. This has prompted some gradual development in residential properties, but maintaining the cultural integrity and environmental landscape remains a priority for the local authorities and residents alike.
Living in Wallaby Island offers a lifestyle deeply connected to nature and community. The area is culturally vibrant, with a rich Aboriginal heritage that plays a central role in daily life. Residents often engage in communal activities and events, fostering a strong sense of camaraderie and mutual support. The natural scenery, including lush tropical landscapes and proximity to pristine bodies of water, provides ample opportunities for outdoor activities such as fishing, hiking, and bird watching. The simplicity and slower pace of life is highly valued among its residents, promoting a healthy work-life balance. However, the remote location may pose some challenges regarding access to certain amenities and services found in larger urban areas. Yet, for those who prioritize community ties and a tranquil environment, Wallaby Island is an idyllic place to call home.
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Thinking about buying in Wallaby Island? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Wallaby Island 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 Wallaby Island 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. The slightly lower than average earnings from occupations in Wallaby Island 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 Wallaby Island 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 Wallaby Island 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 Wallaby Island a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Wallaby Island 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 | 11.0 | 24.9 | 33.1 | 58.5 | 94.5 | 2.6 | 20.4 |
Feb | 16.9 | 24.9 | 32.9 | 62.6 | 97.0 | 2.4 | 20.6 |
Mar | 7.1 | 24.4 | 33.4 | 55.8 | 96.0 | 2.3 | 21.9 |
Apr | 1.7 | 22.7 | 33.8 | 45.4 | 92.4 | 2.2 | 22.1 |
May | 0.1 | 18.9 | 32.2 | 37.3 | 87.9 | 2.6 | 19.5 |
Jun | 0.2 | 17.8 | 31.8 | 35.8 | 86.0 | 2.5 | 18.3 |
Jul | 0.0 | 16.6 | 31.6 | 32.1 | 85.7 | 2.6 | 19.3 |
Aug | 0.0 | 17.1 | 33.0 | 26.9 | 84.7 | 2.7 | 21.4 |
Sept | 0 | 19.7 | 35.3 | 23.5 | 84.1 | 3.0 | 24.4 |
Oct | 0.5 | 22.8 | 36.9 | 26.6 | 82.8 | 3.1 | 26.7 |
Nov | 2.0 | 24.6 | 37.2 | 32.5 | 84.2 | 3.1 | 26.9 |
Dec | 7.8 | 24.9 | 35.2 | 45.1 | 88.8 | 2.8 | 23.5 |
source: Australian Government Bureau of Meteorology
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