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All About Bute, Barunga West, SA, 5560

The housing market in Bute, a small town in Barunga West, South Australia, offers a quaint and affordable living experience, appealing mainly to those seeking a peaceful rural lifestyle. Bute's property prices are relatively lower compared to the urban centers, making it an attractive option for both first-time homebuyers and retirees looking to escape the hustle and bustle of city life. The town features a variety of housing options, ranging from charming older homes to more modern constructions, although the market is often characterized by a limited but steadily available selection. With the real estate scene not as fast-paced or competitive as in bigger cities, potential homebuyers and renters can take their time exploring options and finding the perfect fit for their needs.

Living in Bute offers a close-knit community atmosphere, where residents enjoy a slower pace of life amidst picturesque rural landscapes. Residents benefit from a strong sense of community, with local events and gatherings that foster connectivity and neighborly camaraderie. The town provides essential amenities, including a primary school, local shops, and recreational facilities, ensuring that residents have access to necessary services within close proximity. While Bute may not have the extensive infrastructure of larger towns, its serene environment, coupled with the tranquility of the expansive farmlands surrounding it, makes it an appealing haven for those wishing to live away from the urban sprawl. Access to larger towns and cities is convenient enough for those who drive, striking a harmonious balance between rural charm and modern convenience.

Household Makeup

Median Weekly Rent $150.00
Median Monthly Mortgage $780.00
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 62.00
Average Income $444.00
Average Cars Per Dwelling 1.57
Average Properties Within 50M 4
Typical 1 bed house$151,000
Typical 2 bed house$206,000
Typical 3 bed house$314,000
Typical 4 bed house$483,000
Typical 5 bed house$264,000
Typical 6 bed+ house$264,000

Housing Stock

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Bute Real Estate Market Outlook

Thinking about buying in Bute? Now could not be a better time, with just 449 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $280,000 with prices in this suburb ranging from $39,000 to $875,000. The aproximate distance to the coast is 15 Km.

In Bute 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 Bute 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 Bute 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. Medium density in Bute necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Bute 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 Bute a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Bute Primary School

(While the above schools are located with the suburb of Bute there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bute 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
Jan0.714.532.023.982.75.426.1
Feb1.114.431.725.785.44.924
Mar0.612.328.727.687.24.519.1
Apr0.99.624.832.485.54.315.2
May1.27.219.444.891.34.411.4
Jun1.85.716.055.394.04.79.6
Jul1.45.015.459.295.44.99.9
Aug1.44.116.750.794.64.712.8
Sept0.75.221.435.893.74.917.6
Oct0.97.424.230.191.74.921.6
Nov0.79.727.523.687.4525.4
Dec0.912.430.921.483.75.128.7

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

NinnesBarunga GapThomas PlainLochielWokurnaWillamulkaAlfordSouth HummocksBumbungaSnowtown

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