All About Marama, Karoonda East Murray, SA, 5307
The housing market in Marama, located within the Karoonda East Murray region of South Australia, offers a quaint and affordable living experience. Known for its rural charm and wide-open spaces, Marama provides an ideal setting for those seeking a peaceful lifestyle away from the hustle and bustle of city life. The property market here is characterized by modestly priced homes and large blocks of land, making it an attractive choice for first-home buyers or individuals interested in agricultural pursuits. The community is tight-knit, and real estate opportunities often include older, established homes that exude character and potential for renovation or customization. With the steadily appreciating value in regional areas, Marama presents a promising investment opportunity for those looking to capitalize on market changes.
Living in Marama offers a serene and slower-paced lifestyle, surrounded by South Australia's picturesque countryside. Residents enjoy the benefits of a rural setting, such as abundant natural beauty and a close-knit, supportive community. The region is family-friendly, with local amenities and services accessible within a reasonable distance, though more extensive shopping and entertainment options might require a trip to nearby towns. Outdoor enthusiasts can take advantage of the area's open spaces for a variety of activities, including hiking, biking, and exploring local wildlife. While the tranquility is a major drawcard, it's essential for potential residents to be comfortable with the rural lifestyle, which includes occasional travel for certain conveniences. Overall, Marama offers a unique blend of rural living and community spirit, ideal for those looking to immerse themselves in the true essence of country life.
Household Makeup
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Housing Stock
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Marama Real Estate Market Outlook
Thinking about buying in Marama? Now could not be a better time, with just 89 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $776,000 with prices in this suburb ranging from $776,000 to $776,000. The aproximate distance to the coast is 91 Km.
In Marama 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Marama due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Marama 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 Marama 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 ValuationProperties for sale Marama
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1794 Parrakie North Road, Marama, SA, 5307 |  |
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Registrations of Interest Closing 2pm 22/4/22 Unless Sold Prior. |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Marama there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Marama 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
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