Wunkar, a small locality within the Loxton Waikerie region of South Australia, presents a unique and tranquil environment for potential homeowners seeking a slice of rural life. The housing market in Wunkar is characterized by its affordability and the availability of expansive properties, often featuring large plots of land. This makes it an attractive option for those interested in farming, gardening, or simply enjoying the wide open spaces that rural South Australia offers. The market is less volatile compared to urban areas, providing a stable investment for buyers. Properties range from modest family homes to larger estates, and prospective homeowners can expect to find reasonable prices owing to the lower demand typical of a small town setting.
Living in Wunkar is synonymous with a peaceful and close-knit community experience. Residents enjoy the simplicity and slower pace that rural life provides, far removed from the hustle and bustle of city living. The town's proximity to the broader Loxton Waikerie region means that residents benefit from convenient access to amenities found in larger nearby towns, such as shopping centers, schools, and healthcare facilities. Community events and gatherings are a staple here, fostering strong connections among locals. The natural beauty of the surrounding landscape offers ample opportunities for outdoor activities, from hiking and bird watching to exploring local parks and vineyards, making Wunkar a charming and serene place to call home.
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Thinking about buying in Wunkar? Now could not be a better time, with just 99 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $332,000 with prices in this suburb ranging from $325,000 to $338,000. The aproximate distance to the coast is 150 Km.
In Wunkar 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 Wunkar 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 Wunkar 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Wunkar 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 Wunkar 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 | 0.3 | 15.3 | 33.3 | 18.2 | 76 | 4.0 | 27.6 |
Feb | 0.8 | 15.3 | 31.8 | 23.3 | 79.7 | 3.8 | 23.9 |
Mar | 0.4 | 12.6 | 28.7 | 24.9 | 84.3 | 3.4 | 19.5 |
Apr | 0.9 | 9.2 | 24.4 | 30.9 | 87.9 | 2.9 | 14.1 |
May | 0.6 | 6.3 | 19.8 | 39.8 | 93.3 | 2.8 | 10.6 |
Jun | 0.5 | 4.6 | 16.7 | 47.1 | 96.0 | 2.5 | 9.5 |
Jul | 0.6 | 4.5 | 16.5 | 44.7 | 94.5 | 3.1 | 9.8 |
Aug | 0.7 | 4.6 | 17.8 | 36.6 | 93.0 | 3.3 | 12.4 |
Sept | 0.9 | 6.7 | 21.8 | 27.7 | 89.2 | 3.8 | 17.2 |
Oct | 0.5 | 8.9 | 25.6 | 22.2 | 86.0 | 3.8 | 22.0 |
Nov | 0.6 | 11.2 | 28.3 | 19.6 | 83.2 | 4.0 | 26.3 |
Dec | 0.5 | 14.1 | 31.7 | 17.6 | 76.5 | 4.1 | 27.7 |
source: Australian Government Bureau of Meteorology
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