All About Borrika, Karoonda East Murray, SA, 5309
Borrika, located in the Karoonda East Murray region of South Australia, offers a unique and peaceful living environment, distinct from the hustle and bustle of urban centers. The housing market in Borrika generally consists of affordable and spacious properties, which are particularly appealing to those seeking to escape city life or retire in a serene setting. The area is known for having rustic homes and expansive land plots, providing opportunities for gardening, farming, or simply enjoying the natural landscape. Despite the remote feel, the cost of living in Borrika is quite reasonable, making it an attractive option for budget-conscious homebuyers.
Living in Borrika provides residents with a close-knit community experience, where neighbors often know each other, fostering a strong sense of camaraderie. The lifestyle here is quiet and relaxed, perfect for individuals or families looking to embrace a slower pace of life. With its open spaces and striking natural beauty, the area is ideal for outdoor enthusiasts and those who appreciate rural charm. Community events and local gatherings are common, offering opportunities for socializing and engaging with fellow residents. Overall, Borrika provides a tranquil retreat, rich in rural landscapes and community spirit, making it a delightful place to call home.
Household Makeup
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Housing Stock
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Borrika Real Estate Market Outlook
Thinking about buying in Borrika? Now could not be a better time, with just 93 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,164,000 with prices in this suburb ranging from $1,164,000 to $1,164,000. The aproximate distance to the coast is 105 Km.
In Borrika 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Borrika due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Borrika 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 Borrika 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 ValuationProperties for sale Borrika
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581 Drescher Road, Borrika, SA, 5309 |  |
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Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Borrika there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Borrika weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
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