Kneebone, located within the Victoria Daly region of the Northern Territory, presents a unique housing market primarily shaped by its remote location and close-knit community environment. The market is relatively small and localized, often characterized by limited availability and a slower turnover compared to urban areas. Housing options might be more basic, reflecting the rural and less densely populated nature of the area. Properties can range from modest residential homes to larger plots suited for agricultural purposes or rural enterprises. Given the regional economic activities, which might include cattle stations and tourism attractions tied to its natural landscapes, housing prices can vary based on proximity to employment opportunities and natural features. As the area is less influenced by broader real estate trends, potential buyers and renters typically find more stability but less fluctuation in property values compared to larger markets.
Living in Kneebone offers a distinct lifestyle defined by its remote setting surrounded by the natural beauty of the Northern Territory. The community experience is often intimate and supportive, with residents valuing a peaceful, slower-paced rhythm of life, in contrast to urban bustle. This locale provides ample access to outdoor activities such as hiking, fishing, and exploring the unique flora and fauna, which can be a significant draw for nature enthusiasts. Social life in Kneebone often revolves around community events and gatherings, where tight-knit relationships are fostered among residents. Despite certain challenges, such as limited access to amenities and services seen in larger towns or cities, the lifestyle in Kneebone offers a rewarding experience for those seeking tranquility, connection to nature, and a strong sense of community.
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Thinking about buying in Kneebone? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Kneebone 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 Kneebone 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 Kneebone 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 Kneebone 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 Kneebone 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 | 10.3 | 25 | 35.5 | 48.6 | 95.1 | 3 | 22.6 |
Feb | 9.3 | 24.8 | 35.6 | 46.4 | 95.3 | 2.8 | 22.4 |
Mar | 2.8 | 24.4 | 36.6 | 37.0 | 92.0 | 2.4 | 23.4 |
Apr | 0.7 | 21.6 | 36.1 | 28.7 | 88.2 | 2.4 | 21.3 |
May | 0.2 | 18.2 | 33.4 | 25.1 | 80.6 | 2.8 | 19.9 |
Jun | 0 | 15.2 | 31.2 | 21.2 | 74.6 | 2.6 | 19.0 |
Jul | 0 | 14.1 | 31.5 | 17.8 | 79.8 | 2.7 | 20.2 |
Aug | 0 | 13.6 | 32.9 | 13.4 | 76.1 | 2.8 | 21.8 |
Sept | 0.4 | 18.8 | 37.1 | 16.5 | 81.9 | 2.7 | 25.6 |
Oct | 0.7 | 22.2 | 39.3 | 18.7 | 82.3 | 3.1 | 26.9 |
Nov | 1.4 | 25.4 | 40.0 | 28.8 | 89.1 | 3.3 | 24.9 |
Dec | 6.3 | 25.1 | 36.8 | 42.8 | 94.8 | 2.9 | 25.4 |
source: Australian Government Bureau of Meteorology
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