Akarnenehe Well, situated in the Central Desert region of the Northern Territory, Australia, offers a unique perspective on the housing market that reflects both its remote location and cultural significance. The housing market here is not as robust or dynamic as urban areas, given its small population and geographical isolation. Properties tend to be more rudimentary and heavily influenced by traditional Indigenous ownership and styles. Housing options are limited, and transactions are infrequent, often revolving around community needs and cultural practices rather than conventional real estate norms. The market is less about investment and more about sustaining the community's ties to the land and supporting its lifestyle.
Living in Akarnenehe Well provides a distinctive experience deeply connected to the natural environment and Indigenous culture. The lifestyle is marked by a strong sense of community and traditional customs, with everyday life integrated into the surrounding landscape that has historical and spiritual significance for the Indigenous population. Residents typically rely on community resources and support systems, as modern amenities can be sparse. The area's pristine beauty, vast desert landscapes, and night skies offer a serene and meditative atmosphere, appealing to those who value spiritual connection and solitude. However, prospective residents must be prepared for isolation from major metropolitan conveniences and the challenges of living in an arid climate.
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Housing Stock
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Thinking about buying in Akarnenehe Well? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Akarnenehe 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 Akarnenehe 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 Akarnenehe 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 Akarnenehe Well to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Akarnenehe Well 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 Akarnenehe Well 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 Akarnenehe 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 | |
|---|---|---|---|---|---|---|---|
| Aug | 0.0 | 7.6 | 25.7 | 13.1 | 50.4 | 3.4 | 19.6 |
| Sept | 0.8 | 12.2 | 29.6 | 13.0 | 45.8 | 3.7 | 22.5 |
| Oct | 0.4 | 15.5 | 32.8 | 12.0 | 49.2 | 3.8 | 26.2 |
| Nov | 1.0 | 19.0 | 35.6 | 14.8 | 54.7 | 3.8 | 28.5 |
| Dec | 0.3 | 23.0 | 39.8 | 10.8 | 38.4 | 3.9 | 28.9 |
| Jan | 0.7 | 25.2 | 40.1 | 13.4 | 45.2 | 4.3 | 27.5 |
| Feb | 3.1 | 21.7 | 36.3 | 22.0 | 61.2 | 3.8 | 26.3 |
| Mar | 3.6 | 20.8 | 35.4 | 19.8 | 52.4 | 3.8 | 22.1 |
| Apr | 0.1 | 15.1 | 30.5 | 19.6 | 59.7 | 3.6 | 20.8 |
| May | 0.2 | 9.4 | 23.9 | 25.3 | 72.2 | 3.2 | 17.6 |
| Jun | 0.1 | 6.6 | 22.2 | 24.2 | 71.1 | 3.1 | 15.6 |
| Jul | 0.3 | 5.8 | 23.7 | 18.1 | 67.0 | 2.8 | 16.7 |
source: Australian Government Bureau of Meteorology
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