Jingaloo, a modest settlement within the Barkly region of the Northern Territory, offers a unique perspective on the housing market largely characterized by its regional and rural attributes. The housing market here tends to be more affordable compared to urban centers, with properties primarily consisting of standalone houses and rural properties, often catering to those seeking a quieter lifestyle or involved in agricultural endeavors. The demand is generally lower, which keeps pricing relatively stable, though the market can be influenced by broader economic and environmental factors such as agriculture trends and resource-based activities. Due to its remote location, real estate transactions may not occur as frequently as in urban areas, contributing to a steady, albeit slow-moving market where patience might be necessary for both sellers and buyers.
Living in Jingaloo presents a distinctive lifestyle centered around close-knit community interactions, wide open spaces, and a strong connection to the natural environment. Residents enjoy the tranquility and slower pace of life that comes with rural living, often fostering a strong sense of community support and shared resilience. The area offers a unique blend of cultural history and natural beauty, making it appealing to those who appreciate the outback lifestyle and cultural richness of the Northern Territory. However, life in Jingaloo might also present challenges such as limited access to amenities, healthcare, and educational facilities, requiring residents to be self-sufficient and adaptive. Overall, for those who seek a serene environment away from the bustle of city life, Jingaloo provides a peaceful retreat with the opportunity to engage deeply with nature and community life.
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Thinking about buying in Jingaloo? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Jingaloo 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 Jingaloo 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 Jingaloo 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. Lower than average population density constrains growth in Jingaloo to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Jingaloo 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 Jingaloo 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 | 7.8 | 24.3 | 36 | 41.3 | 88.1 | 2.1 | 22.5 |
Feb | 8.0 | 23.4 | 35.4 | 41.5 | 89.2 | 1.8 | 23.1 |
Mar | 2.0 | 22.4 | 36.2 | 34.7 | 87.9 | 1.6 | 23.6 |
Apr | 0.3 | 19.2 | 35.5 | 25.8 | 81.6 | 1.7 | 21.8 |
May | 0.1 | 14.5 | 32.1 | 21.6 | 70.0 | 2.2 | 19.5 |
Jun | 0 | 13.3 | 30.6 | 23.6 | 69.0 | 2.1 | 18.5 |
Jul | 0.0 | 10.5 | 30.9 | 19.1 | 68.4 | 1.9 | 19.3 |
Aug | 0 | 10.5 | 30.8 | 14.4 | 53.5 | 2.3 | 21.7 |
Sept | 0.0 | 15.2 | 36.3 | 14.8 | 62.4 | 2.1 | 24.0 |
Oct | 0.3 | 18.9 | 38.6 | 15.4 | 64.9 | 2.2 | 25.6 |
Nov | 1.7 | 23.2 | 39.3 | 21.9 | 71.1 | 2.2 | 25.3 |
Dec | 6.3 | 24.5 | 38.7 | 28.5 | 76.8 | 2.1 | 24.2 |
source: Australian Government Bureau of Meteorology
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