As of the latest available data, the housing market in Waroonee Well, located in the unincorporated areas of South Australia, presents a unique and intriguing scenario for potential homeowners and investors. This rural locality, characterized by its expansive landscapes and a sparse population, offers properties that are typically more affordable than those found in the urban centers. The market tends to feature a range of properties from modest family homes to larger rural estates, reflecting the agricultural heritage of the area. Buyers might find that properties can sit on the market longer due to the limited demand, but this also means opportunities for negotiation and finding homes with larger land parcels at competitive prices. The market dynamics here are less volatile compared to the metropolitan areas, offering stability for residents who value the tranquility of rural living.
Living in Waroonee Well provides residents with a peaceful and close-knit community experience. The area is defined by its natural beauty, offering a serene lifestyle amidst vast open spaces and farmland. This setting creates a sense of escape from the hustle and bustle of city life, making it ideal for those who appreciate nature and a slower pace of living. Daily life is typically laid-back, and while amenities may not be as abundant as in urban locales, the community spirit compensates for it. Residents often engage in farming, outdoor recreation, and community events, fostering a feeling of connection and belonging. However, it is important for potential residents to consider the distance from larger towns and cities, as access to healthcare, schools, and commercial services may require some travel.
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Housing Stock
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Thinking about buying in Waroonee Well? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Waroonee Well 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 Waroonee Well 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. Low average earnings from people in Waroonee Well 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. Lower than average population density constrains growth in Waroonee Well to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Waroonee Well the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Waroonee Well 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 | 1.0 | 16.8 | 34.2 | 18.0 | 63.7 | 4.4 | 28.2 |
| Feb | 0.9 | 15.8 | 32.8 | 19.7 | 66.1 | 4.0 | 25.2 |
| Mar | 0.6 | 13.0 | 28.8 | 24.0 | 73.1 | 3.6 | 20.4 |
| Apr | 0.4 | 9.1 | 24.5 | 27.8 | 73.4 | 3.4 | 16.4 |
| May | 0.5 | 6.3 | 19.6 | 38.5 | 82.0 | 3.4 | 12.4 |
| Jun | 0.5 | 3.4 | 15.8 | 46.3 | 87.5 | 3.3 | 10.6 |
| Jul | 0.5 | 3.3 | 15.9 | 41.2 | 85.1 | 3.9 | 11.2 |
| Aug | 0.4 | 3.7 | 17.7 | 31.9 | 80.1 | 4.1 | 13.9 |
| Sept | 0.8 | 6.7 | 21.9 | 27.3 | 77.2 | 4.5 | 18.9 |
| Oct | 0.4 | 9.4 | 25.4 | 21.1 | 75.4 | 4.4 | 25.8 |
| Nov | 0.8 | 12.6 | 29.7 | 17.7 | 68.2 | 4.1 | 28.2 |
| Dec | 0.4 | 15.0 | 32.3 | 16.2 | 63.5 | 4.6 | 30.0 |
source: Australian Government Bureau of Meteorology
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