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Mcminns Lagoon
NT, 0822 - Litchfield

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.

Household Makeup

Median Weekly Rent $350.00
Median Monthly Mortgage $2600.00
Median Persons Per Bedroom 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

Housing Stock

Average Property Prices

1 Bed  $641,000
2 Bed  $720,000
3 Bed  $1,048,000
4 Bed  $1,321,000
5 Bed  $795,000
6 Bed+$946,000

Mcminns Lagoon Real Estate Market Outlook

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.

Houses for sale Mcminns Lagoon

Real Estate Central 10 SHEWRING RD, MCMINNS LAGOON, NT, 0822 Beds5 Bathrooms2 Parking 4 Under Contract

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mcminns Lagoon 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
Jan17.824.832.265.696.81.715.6
Feb20.224.33260.892.92.216.7
Mar7.324.93456.697.11.721.6
Apr2.623.534.643.492.91.421.4
May0.219.333.831.589.81.521.0
Jun0.018.133.229.584.41.819.8
Jul017.033.726.788.01.620.5
Aug015.533.620.485.81.822.5
Sept0.219.636.322.789.71.623.9
Oct0.222.737.026.489.01.825
Nov3.624.536.041.492.21.622.4
Dec9.525.234.552.895.21.319.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Freds PassGirraweenBees CreekCoolalingaVirginiaYirra BandooHumpty DooHoward SpringsZuccoliMitchell

Public Transport


General Points of Interest

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