North West Bend, located in the Mid Murray region of South Australia, offers a unique housing market characterized by its rural charm and affordability. The area is predominantly comprised of spacious, single-family homes, many of which boast generous plots of land and stunning views of the nearby river and natural landscape. In recent years, the housing market has seen modest growth, driven by increased interest from those looking to escape the hustle and bustle of urban centers for a more tranquil lifestyle. Property prices remain relatively affordable compared to larger cities, making it an attractive option for first-time buyers and retirees seeking a more relaxed pace of life. Furthermore, the community-oriented atmosphere and abundant outdoor recreational opportunities add to the appeal of investing in property in North West Bend.
Living in North West Bend provides a serene and laid-back lifestyle, offering residents a close-knit community atmosphere. The region is known for its scenic beauty, with easy access to the Murray River providing opportunities for boating, fishing, and picnicking along its banks. The local community embraces a slower pace of life, with a calendar filled with community events such as farmers' markets, local fairs, and sporting events that bring neighbors together. For families, the area offers a safe environment with good schools and numerous parks for children to explore. The lack of urban congestion and pollution allows for a peaceful existence, with clear skies and quiet nights being the norm. Overall, North West Bend is an ideal choice for anyone looking to enjoy the simple pleasures of rural living, while still being within reasonable driving distance to larger towns for additional amenities and services.
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Thinking about buying in North West Bend? Now could not be a better time, with just 122 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $410,000 with prices in this suburb ranging from $239,000 to $449,000. The aproximate distance to the coast is 130 Km.
In North West Bend 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 North West Bend 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 North West Bend 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. Medium density in North West Bend necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in North West Bend 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 ValuationMorgan Primary School
(While the above schools are located with the suburb of North West Bend 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 | 0.4 | 14.6 | 30.8 | 23.7 | 78.4 | 4.0 | 25.8 |
Feb | 0.6 | 13.7 | 28.6 | 28.4 | 83.5 | 3.9 | 23.0 |
Mar | 0.4 | 12.5 | 26.8 | 30.1 | 85.2 | 3.8 | 18 |
Apr | 1.0 | 9.3 | 23 | 34.8 | 90.4 | 3.4 | 13.5 |
May | 1.2 | 6.3 | 17.1 | 48.9 | 94.7 | 3.4 | 9.9 |
Jun | 1.7 | 4.5 | 14.4 | 60.1 | 97.6 | 3.4 | 8.8 |
Jul | 2.1 | 4.9 | 14.1 | 60.1 | 96.9 | 4.2 | 9.5 |
Aug | 2.2 | 4.5 | 14.5 | 55.3 | 96.2 | 4.2 | 11.8 |
Sept | 1.8 | 5.9 | 17.5 | 44.6 | 93.0 | 4.4 | 15.5 |
Oct | 1.0 | 8.5 | 22.1 | 34.5 | 90.4 | 4.5 | 19.9 |
Nov | 0.8 | 9.3 | 25.2 | 27.2 | 89.4 | 4.3 | 24.2 |
Dec | 0.4 | 12.7 | 28.9 | 23.5 | 82.6 | 4.3 | 26.0 |
source: Australian Government Bureau of Meteorology
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