As of the latest available data, the housing market in Yulbara, a remote community located within the Roper Gulf region of Northern Territory, Australia, is characterized by its unique dynamics reflective of remote Indigenous communities. Housing options in Yulbara predominantly consist of public and community housing managed by local councils and Indigenous corporations. The market experiences limited volatility compared to urban centers due to its geographic isolation and the stable demand for housing driven by the permanent resident Indigenous population. Housing affordability remains a critical issue, with efforts being made by various government initiatives aimed at addressing overcrowding and improving the quality of housing. The lack of private property transactions and a limited rental market further contribute to a unique housing scenario that relies heavily on government policies and funding.
Living in Yulbara offers a distinctive experience shaped by its remoteness, rich Indigenous culture, and tight-knit community. The lifestyle is often centered around traditional activities and community gatherings, making it an enriching place for those who appreciate a strong sense of belonging and cultural heritage. However, residents face challenges such as limited access to amenities, healthcare, and educational opportunities, often having to travel significant distances for services commonly available in urban areas. Despite these challenges, the breathtaking natural landscape and the close community ties offer a rewarding life for those who call Yulbara home. The everyday experience is one of connection to the land and culture, fostering an environment where traditions are cherished and perpetuated amidst the backdrop of the Northern Territory's vast outback.
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Thinking about buying in Yulbara? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Yulbara 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 Yulbara 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 Yulbara 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. Lower than average industry presence in Yulbara 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 Yulbara 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 Yulbara 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 | 10.1 | 26.8 | 34.2 | 57.6 | 88.4 | 4.9 | 21.0 |
Feb | 5.5 | 27.0 | 34.4 | 53.2 | 86.0 | 4.7 | 22.1 |
Mar | 3.0 | 27.2 | 34.3 | 53.5 | 85.9 | 4.5 | 22.8 |
Apr | 3.7 | 25.9 | 32.4 | 51.6 | 85.1 | 5.6 | 21.0 |
May | 0.1 | 22.3 | 29.4 | 44.6 | 86.3 | 6 | 19.4 |
Jun | 0.0 | 20.4 | 27.7 | 45.2 | 88.2 | 5.9 | 18.5 |
Jul | 0.0 | 19.6 | 27.3 | 44.2 | 89.3 | 5.4 | 19.9 |
Aug | 0.1 | 19.8 | 28.5 | 42.4 | 90.3 | 5.1 | 21.7 |
Sept | 0.2 | 22.9 | 31.6 | 45.1 | 89.6 | 4.9 | 25.1 |
Oct | 0 | 24.4 | 33.4 | 46.3 | 87.2 | 4.8 | 27.3 |
Nov | 3.5 | 26.3 | 35.0 | 48.3 | 85.4 | 4.8 | 25.4 |
Dec | 4.8 | 27.1 | 35 | 55.0 | 86.6 | 5.0 | 21.0 |
source: Australian Government Bureau of Meteorology
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