Bob's Yard, located in the Victoria Daly region of the Northern Territory, presents a unique and less conventional housing market compared to urban areas in Australia. As a more remote area, property prices in Bob’s Yard tend to be lower, reflecting the demand and accessibility challenges associated with rural locations. The housing market here is predominantly composed of larger parcels of land and single-family homes, catering to those who prefer open spaces and the tranquility of the countryside. Given its remote setting, the availability of housing can be sparse, offering a niche market primarily appealing to buyers and investors looking for rural retreats or agricultural opportunities. The pace of life in Bob's Yard lends itself well to those seeking a break from the hustle of city living, providing a serene environment surrounded by the natural beauty of the Northern Territory.
Living in Bob’s Yard offers a distinctive lifestyle defined by its close-knit community and proximity to nature. Residents often enjoy the benefits of wide-open spaces and the opportunity for self-sufficient living, including agriculture and livestock farming opportunities. The community here is known for its resilience and resourcefulness, with a strong sense of camaraderie among neighbors. Essential services and amenities may be limited compared to urban centers, making self-sufficiency and careful planning a significant aspect of daily life. The serene environment, abundant wildlife, and breathtaking landscapes make Bob’s Yard an appealing location for those passionate about outdoor activities and embracing the solitude that comes with rural living. Overall, living in Bob’s Yard can be richly rewarding for those seeking a simpler, nature-integrated way of life, albeit potentially challenging for those accustomed to urban conveniences.
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Thinking about buying in Bobs Yard? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Bobs Yard 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 Bobs Yard 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 Bobs Yard 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 Bobs Yard 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 Bobs Yard 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 | 7.6 | 25.2 | 35.7 | 40.2 | 85.5 | 2 | 23.2 |
Feb | 6.5 | 24.1 | 34.4 | 44.6 | 87.1 | 1.5 | 21.6 |
Mar | 4.2 | 23.6 | 34.7 | 41.2 | 86.7 | 1.5 | 22.5 |
Apr | 0.2 | 19.7 | 35.6 | 24.3 | 79.3 | 1.6 | 21.9 |
May | 0.3 | 14.3 | 31.8 | 24.1 | 74.1 | 1.6 | 20.1 |
Jun | 0 | 10.7 | 29.8 | 21.9 | 75.2 | 1.6 | 19.3 |
Jul | 0 | 11.6 | 31.0 | 17.6 | 60.9 | 1.6 | 20.2 |
Aug | 0 | 13.9 | 34.7 | 16.8 | 64 | 1.3 | 22 |
Sept | 0.3 | 17.5 | 36.6 | 14.7 | 53.5 | 2.1 | 24.5 |
Oct | 1.8 | 21.7 | 37.9 | 17.3 | 56.8 | 2.4 | 26.1 |
Nov | 2.9 | 24.3 | 38.8 | 23.4 | 71.7 | 1.8 | 26.8 |
Dec | 6.2 | 25.2 | 36.8 | 36.7 | 84.0 | 1.8 | 24 |
source: Australian Government Bureau of Meteorology
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