Borroloola
NT, 0854
-
Roper Gulf
Thinking about buying in Borroloola? Now could not be a better time, with just 388 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $196,000 with prices in this suburb ranging from $196,000 to $196,000. The aproximate distance to the coast is 41 Km.
Household Makeup
| Median Weekly Rent | $85.00 |
| Median Monthly Mortgage | $1117.00 |
| Median Persons Per Bedroom | 1.20 |
| Average Household Size | 3.00 |
| Average Age | 40.00 |
| Average Income | $732.00 |
| Average Cars Per Dwelling | 1.22 |
| Average Properties Within 50M | 4 |
Housing Stock
Average Property Prices
Borroloola Real Estate Market Outlook
In Borroloola 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 Borroloola 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 Borroloola 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 Borroloola 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 Borroloola a better buying opportunity than it may have been in the past.
Properties for sale Borroloola
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310 ROBINSON RD, BORROLOOLA, NT, 0854 |  |
 |
$340,000 |
Local Schools
Borroloola School
(While the above schools are located with the suburb of Borroloola there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Borroloola 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 | 9.8 | 25.4 | 36.0 | 45.3 | 91.7 | 2.9 | 22.6 |
| Feb | 6.3 | 24.9 | 34.8 | 49.6 | 92.8 | 2.6 | 21.8 |
| Mar | 1.6 | 22.9 | 34.2 | 49.9 | 91.4 | 2 | 22.5 |
| Apr | 0.6 | 20.6 | 35.6 | 34.2 | 88.6 | 2.2 | 21.3 |
| May | 0.0 | 15.7 | 33.2 | 24.1 | 85.1 | 2.4 | 19.4 |
| Jun | 0.0 | 14.0 | 31.2 | 24.7 | 84.4 | 2.6 | 18.0 |
| Jul | 0 | 10.5 | 31.2 | 18.5 | 86.4 | 2.4 | 19.2 |
| Aug | 0.0 | 13.2 | 32.4 | 17.8 | 79.5 | 2.8 | 21.5 |
| Sept | 0 | 17.6 | 36.2 | 16.5 | 88.4 | 2.9 | 24.2 |
| Oct | 0.3 | 20.9 | 38.1 | 21.9 | 84.9 | 3.1 | 25.8 |
| Nov | 1.3 | 24.0 | 39.3 | 24.2 | 82.7 | 3.2 | 25.8 |
| Dec | 1.9 | 25 | 39.1 | 29.7 | 84.6 | 3.0 | 24.9 |
source: Australian Government Bureau of Meteorology
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