Balma, a community in East Arnhem, Northern Territory, is characterized by its unique blend of cultural richness and remote location. The housing market in Balma and its surrounding areas tends to reflect the broader trends seen in remote parts of the Northern Territory, where property options are relatively limited compared to urban centers. Housing stock in Balma generally consists of modest, functional homes built to withstand the region's climatic conditions. These properties are often simpler and more utilitarian, catering to the needs of residents who are deeply connected to the land and engage in local industries such as mining, tourism, and community services.
Living in Balma offers a distinctive experience, largely shaped by its geographic isolation and strong Indigenous heritage. The lifestyle here is influenced by the surrounding natural beauty, with residents enjoying access to stunning landscapes, including lush escarpments and pristine coastlines. The community is tight-knit and fosters a sense of belonging, enriched by local Yolŋu culture and traditions. While amenities and services may be more limited compared to urban settings, the sense of community and the connection to nature create a peaceful, slower pace of life that many find rewarding. Residents often participate in community events and cultural activities that celebrate the region's history and heritage, making Balma a unique place to call home.
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Housing Stock
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Thinking about buying in Balma? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Balma 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 Balma 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 Balma 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 Balma 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 Balma 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 | |
|---|---|---|---|---|---|---|---|
| Dec | 5.3 | 25.2 | 35 | 45.4 | 90.1 | 2.9 | 23.4 |
| Jan | 9.0 | 25.3 | 33.3 | 53.3 | 84.5 | 2.9 | 21.3 |
| Feb | 7.1 | 24.9 | 33.5 | 53.0 | 85.0 | 2.6 | 21.2 |
| Mar | 8 | 24.4 | 32.5 | 60 | 95.0 | 2.4 | 19.3 |
| Apr | 5.4 | 22.2 | 32.5 | 55.4 | 93.7 | 2.0 | 20.6 |
| May | 1.1 | 19.6 | 30.7 | 52.0 | 93.3 | 2.2 | 19.1 |
| Jun | 0.1 | 17.2 | 29.1 | 51.3 | 95.3 | 2.2 | 18.3 |
| Jul | 0.0 | 16.5 | 28.7 | 46.2 | 90.9 | 2.5 | 19.5 |
| Aug | 0 | 15.3 | 30.1 | 36.9 | 93.7 | 2.4 | 21.8 |
| Sept | 0.0 | 18.0 | 32.6 | 36.5 | 91.8 | 2.6 | 24.8 |
| Oct | 1.2 | 20.3 | 33.9 | 38.5 | 90.7 | 2.6 | 26.6 |
| Nov | 5.9 | 23.9 | 34.2 | 45.0 | 89.3 | 2.7 | 25.8 |
source: Australian Government Bureau of Meteorology
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