Babungi, located in the Roper Gulf region of the Northern Territory, is a remote and scenic area characterized by its stunning natural landscapes and close-knit community. The housing market in Babungi has traditionally been limited, reflecting its small population and remote location. Properties are typically comprised of modest, single-family homes and traditional Aboriginal-style residences, with new developments being rare due to both geographical and economic factors. The housing market remains relatively stable, with limited turnover and a strong emphasis on local, rather than external, investment. This stability is supported by the community's deep-rooted connections to the land, which can make property ownership and transactions unique compared to urban areas.
Living in Babungi offers a distinctive lifestyle shaped by its rural setting and communal environment. Residents enjoy a peaceful, laid-back lifestyle surrounded by the natural beauty of the Northern Territory, with plenty of opportunities for outdoor activities like fishing, hiking, and exploring the diverse wildlife. The community is tight-knit, with strong cultural ties and a focus on traditional customs and practices that are integral to the residents' way of life. Access to amenities is limited compared to urban centers, which fosters a level of self-sufficiency among locals. This way of life can be both challenging and rewarding, providing a unique blend of isolation and community that appeals to those looking to live in harmony with nature and heritage.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per bed houseroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Babungi? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Babungi 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 Babungi 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 Babungi 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 Babungi 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 Babungi 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 Babungi 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
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!