McMinns Lagoon, located in Litchfield, Northern Territory, is a tranquil area known for its spacious properties and natural beauty, providing a unique blend of rural and suburban living. The housing market here is characterized by large blocks of land, often featuring spacious homes that appeal to families and individuals seeking a serene, nature-immersed lifestyle. Property prices tend to be more affordable compared to urban centers, making it an attractive option for those looking to escape the hustle and bustle of city life. Buyers can find a mix of newly built houses with modern amenities and older, more rustic homes that embody the charm and character of the area. The market is generally stable, with properties taking longer to sell than in more densely populated areas, reflecting the slower pace and less competitive market dynamics.
Living in McMinns Lagoon offers residents a peaceful, community-oriented lifestyle. The area is surrounded by lush landscapes and wildlife, providing a perfect setting for those who enjoy outdoor activities such as hiking, birdwatching, and gardening. The McMinns Lagoon Reserve, a local highlight, is a popular spot for picnics and bird enthusiasts. Despite its rural feel, McMinns Lagoon benefits from its proximity to Palmerston and Darwin, ensuring residents have access to necessary amenities, schools, and healthcare facilities without sacrificing the tranquility of rural living. The community is known for its friendliness and laid-back atmosphere, fostering a sense of belonging and connectedness among residents. This makes McMinns Lagoon not just a place to live but a haven for those seeking a peaceful lifestyle intertwined with nature.
Median Weekly Rent | $350.00 |
Median Monthly Mortgage | $2600.00 |
Median Persons Per bed houseroom | 1.00 |
Average Household Size | 3.00 |
Average Age | 36.00 |
Average Income | $856.00 |
Average Cars Per Dwelling | 2.42 |
Average Properties Within 50M | 1 |
Typical 1 bed house | $641,000 |
Typical 2 bed house | $720,000 |
Typical 3 bed house | $1,048,000 |
Typical 4 bed house | $1,321,000 |
Typical 5 bed house | $795,000 |
Typical 6 bed+ house | $946,000 |
Housing Stock
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Thinking about buying in Mcminns Lagoon? Now could not be a better time, with just 317 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,482,000 with prices in this suburb ranging from $468,000 to $104,020,000. The aproximate distance to the coast is 11 Km.
Consistent high demand relative to supply is a key feature in Mcminns Lagoon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mcminns Lagoon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mcminns Lagoon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mcminns Lagoon requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property Valuation10 Shewring Road, Mcminns Lagoon, NT, 0822 | 5 | 2 | 4 | Under Contract |
Sattler Christian College
Bees Creek Primary School
Girraween Primary School
Humpty Doo Primary School
St Francis of Assisi Catholic Primary School
Taminmin College
(While the above schools are located with the suburb of Mcminns Lagoon 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 | 17.8 | 24.8 | 32.2 | 65.6 | 96.8 | 1.7 | 15.6 |
Feb | 20.2 | 24.3 | 32 | 60.8 | 92.9 | 2.2 | 16.7 |
Mar | 7.3 | 24.9 | 34 | 56.6 | 97.1 | 1.7 | 21.6 |
Apr | 2.6 | 23.5 | 34.6 | 43.4 | 92.9 | 1.4 | 21.4 |
May | 0.2 | 19.3 | 33.8 | 31.5 | 89.8 | 1.5 | 21.0 |
Jun | 0.0 | 18.1 | 33.2 | 29.5 | 84.4 | 1.8 | 19.8 |
Jul | 0 | 17.0 | 33.7 | 26.7 | 88.0 | 1.6 | 20.5 |
Aug | 0 | 15.5 | 33.6 | 20.4 | 85.8 | 1.8 | 22.5 |
Sept | 0.2 | 19.6 | 36.3 | 22.7 | 89.7 | 1.6 | 23.9 |
Oct | 0.2 | 22.7 | 37.0 | 26.4 | 89.0 | 1.8 | 25 |
Nov | 3.6 | 24.5 | 36.0 | 41.4 | 92.2 | 1.6 | 22.4 |
Dec | 9.5 | 25.2 | 34.5 | 52.8 | 95.2 | 1.3 | 19.7 |
source: Australian Government Bureau of Meteorology
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