Thinking about buying in Shark Bay? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location. Shark Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Shark Bay are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Shark Bay 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Useless Loop Primary School
Shark Bay School
(While the above schools are located with the suburb of Shark Bay 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 | 0.2 | 21.9 | 34.8 | 33.6 | 79.4 | 7.2 | 29.1 |
| Feb | 1.5 | 22.8 | 34.7 | 38.0 | 81.9 | 6.4 | 27.3 |
| Mar | 0.0 | 21.6 | 35.0 | 30.2 | 79.9 | 6.0 | 22.3 |
| Apr | 0.0 | 18.6 | 31.5 | 30.7 | 80.7 | 5.2 | 18.6 |
| May | 0.6 | 14.2 | 27.5 | 30.4 | 83.6 | 4.5 | 15.6 |
| Jun | 1.7 | 11.8 | 23.8 | 38.0 | 86.8 | 4.3 | 13.3 |
| Jul | 1.0 | 10.6 | 22.7 | 38.9 | 87.8 | 4.2 | 13.9 |
| Aug | 0.7 | 11.1 | 23.6 | 34.7 | 88.4 | 4.7 | 16.8 |
| Sept | 0.4 | 12.5 | 25.9 | 32.1 | 85.4 | 5.3 | 22.2 |
| Oct | 0.2 | 15.5 | 29.1 | 30.7 | 82.8 | 6.1 | 26.7 |
| Nov | 0.1 | 18.2 | 31.2 | 32.4 | 79.7 | 6.7 | 29.4 |
| Dec | 0.6 | 20.2 | 32.9 | 33.8 | 79.6 | 7.1 | 30.2 |
source: Australian Government Bureau of Meteorology
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