Yinguwunarri, a remote locality in the Victoria Daly region of the Northern Territory, offers a unique perspective on the housing market compared to more urbanized areas of Australia. The housing market here is characterized by its limited availability, with options largely restricted to modest, single-family homes and community-based housing. These residences are typically simple, reflecting the rural and isolated nature of the region. Additionally, land in this area is more abundant than in city settings, but it's important to note that the market is relatively static due to the low demand and the community's small population. Prices are considerably lower than in metropolitan regions, but the trade-off comes in the form of limited amenities and services, as well as the challenges associated with remote living.
Living in Yinguwunarri provides a distinct experience dominated by its natural surroundings and cultural richness. Residents enjoy a slower, more relaxed pace of life, deeply connected with the Indigenous cultures prevalent in the region. The area is largely surrounded by pristine landscapes, offering ample opportunities for outdoor activities such as fishing, hiking, and exploring the vast wilderness. However, living in Yinguwunarri also means dealing with certain challenges, such as limited access to healthcare, education, and other essential services found in more populated areas. The community is tight-knit, and residents often rely on one another, fostering a strong sense of camaraderie and mutual support. The lifestyle is best suited for those who appreciate solitude, nature, and a close connection to community and culture.
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Thinking about buying in Yinguwunarri? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Yinguwunarri 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 Yinguwunarri 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 Yinguwunarri 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 Yinguwunarri 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 Yinguwunarri 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 | 7.6 | 25.2 | 35.7 | 40.2 | 85.5 | 2 | 23.2 |
Feb | 6.5 | 24.1 | 34.4 | 44.6 | 87.1 | 1.5 | 21.6 |
Mar | 4.2 | 23.6 | 34.7 | 41.2 | 86.7 | 1.5 | 22.5 |
Apr | 0.2 | 19.7 | 35.6 | 24.3 | 79.3 | 1.6 | 21.9 |
May | 0.3 | 14.3 | 31.8 | 24.1 | 74.1 | 1.6 | 20.1 |
Jun | 0 | 10.7 | 29.8 | 21.9 | 75.2 | 1.6 | 19.3 |
Jul | 0 | 11.6 | 31.0 | 17.6 | 60.9 | 1.6 | 20.2 |
Aug | 0 | 13.9 | 34.7 | 16.8 | 64 | 1.3 | 22 |
Sept | 0.3 | 17.5 | 36.6 | 14.7 | 53.5 | 2.1 | 24.5 |
Oct | 1.8 | 21.7 | 37.9 | 17.3 | 56.8 | 2.4 | 26.1 |
Nov | 2.9 | 24.3 | 38.8 | 23.4 | 71.7 | 1.8 | 26.8 |
Dec | 6.2 | 25.2 | 36.8 | 36.7 | 84.0 | 1.8 | 24 |
source: Australian Government Bureau of Meteorology
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