As of the latest available data, the housing market in Likkaparta, located in the Barkly region of the Northern Territory, is characterized by a blend of opportunities and challenges. The area's real estate landscape is generally marked by affordability compared to more urbanized parts of Australia, making it an attractive option for potential homeowners or investors seeking to break into the market without the intense competition and high prices found in metropolitan areas. However, the market is not as dynamic as those in larger cities, with less frequent transactions and a smaller pool of available properties. This can lead to slower market movement, occasionally resulting in longer periods for properties to sell or turn over. With a focus primarily on residential properties, the market typically features modest family homes and traditional outback-style housing that appeals to those looking for a quiet, rural lifestyle.
Living in Likkaparta offers a unique experience, characterized by a close-knit community and the opportunity to enjoy the outdoors in one of Australia's more remote settings. Residents appreciate the tranquil, slower-paced lifestyle that allows for a deep connection with the surrounding natural environment, including the vast open spaces and scenic landscapes that are iconic to the Barkly region. Local amenities are limited in comparison to urban centers, necessitating self-reliance or travel to larger towns for certain services and shopping. The cultural richness of the area is enhanced by Indigenous heritage and local traditions, providing a distinctive cultural tapestry for residents to engage with. While living in Likkaparta might require some adjustments, particularly in terms of accessing broader services, those who choose to reside here often do so for the unique lifestyle and community spirit that rural Australia offers.
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Housing Stock
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Thinking about buying in Likkaparta? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Likkaparta 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 Likkaparta 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 Likkaparta 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 Likkaparta 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 Likkaparta 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 Likkaparta 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 | 5.1 | 24.8 | 36.2 | 32.5 | 76.9 | 4.4 | 25.1 |
| Feb | 4.0 | 24.3 | 36.3 | 28.3 | 69.5 | 4.1 | 25.0 |
| Mar | 1.5 | 23.6 | 35.0 | 29.0 | 66.8 | 4.1 | 23.3 |
| Apr | 0.5 | 20.7 | 32.3 | 22.3 | 50.4 | 4.7 | 21.4 |
| May | 0.3 | 16.4 | 27.8 | 24.6 | 53.6 | 4.9 | 18.5 |
| Jun | 0.1 | 12.6 | 24.4 | 23.4 | 56.1 | 5.0 | 17.6 |
| Jul | 0.1 | 12.2 | 25.1 | 19.4 | 49.9 | 4.8 | 18.0 |
| Aug | 0.3 | 13.9 | 27.8 | 11.9 | 35.7 | 4.7 | 20.8 |
| Sept | 0.1 | 18.6 | 32.6 | 10.5 | 34.1 | 4.8 | 24.7 |
| Oct | 0.4 | 21.7 | 35.3 | 13.0 | 40.5 | 4.9 | 26.7 |
| Nov | 1.8 | 24.5 | 37.3 | 17.4 | 55.2 | 4.4 | 26.7 |
| Dec | 3.3 | 25.1 | 37.2 | 24.9 | 64.4 | 4.6 | 26.4 |
source: Australian Government Bureau of Meteorology
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