All About Edith, Victoria Daly, NT, 0852

Edith, a serene locality nestled within the Victoria Daly region of Northern Territory, Australia, offers a unique and tranquil housing market that appeals to those seeking a peaceful lifestyle. Known for its natural beauty and vast landscapes, the area provides a range of housing options, from modest single-family homes to larger properties with sprawling land. Given its remote nature, the housing market in Edith is less competitive compared to urban centers, allowing potential buyers and renters to find reasonably priced properties with generous space. The community is small yet tight-knit, lending to a supportive atmosphere for newcomers and long-time residents alike.

Living in Edith is characterized by a connection to nature and a slower pace of life, making it ideal for those who appreciate the tranquility and outdoor opportunities that Northern Territory offers. The area is rich in natural attractions, including nearby parks and rivers, providing ample outdoor activities such as hiking, fishing, and bird watching. While amenities such as shopping centers and entertainment options are limited due to its remote location, the close-knit community often comes together for local events and gatherings, fostering a sense of camaraderie. Overall, Edith offers a distinctive lifestyle that is perfect for those who value privacy, nature, and a break from the bustle of city living.

Edith Real Estate Market Outlook

Thinking about buying in Edith? Now could not be a better time, with just 141 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 164 Km.

In Edith 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 Edith 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 Edith 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 Edith 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.

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General Points of Interest

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Nearby Suburbs

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