Policeman's Hole, a locality situated within the vast expanses of Victoria Daly in the Northern Territory, presents a housing market that is characteristically defined by its remote and rural context. Known for its breathtaking natural landscapes and serene environment, the area does not experience the same bustling real estate activities typically seen in urban centers. The housing market here is largely influenced by a limited supply, with properties often consisting of modest homes or accommodation catering to local needs and visitors interested in exploring the region's natural beauty. Being part of the Northern Territory, the area might also experience variations in housing price trends that align with broader territorial economic and policy changes, especially concerning land management and indigenous land rights, which significantly impact regional development.
Living in Policeman's Hole means embracing a lifestyle deeply connected with nature and community. The locality offers a tranquil setting, ideal for those seeking an escape from the frenetic pace of urban life. Life here is closely intertwined with the cultural heritage and practices of the indigenous communities who have lived on this land for centuries. Residents and visitors alike often engage with the environment through outdoor activities such as fishing, camping, and hiking, exploring the unique flora and fauna of the region. However, the remote nature of Policeman's Hole means that access to amenities can be limited, requiring trips to larger towns for supplies and services. Despite these challenges, the strong sense of community and the opportunity to live amid spectacular natural beauty make Policeman’s Hole a distinctive place to call home.
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Thinking about buying in Policemans Hole? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Policemans Hole 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 Policemans Hole 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 Policemans Hole 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 Policemans Hole 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 Policemans Hole 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 | 10.3 | 25 | 35.5 | 48.6 | 95.1 | 3 | 22.6 |
Feb | 9.3 | 24.8 | 35.6 | 46.4 | 95.3 | 2.8 | 22.4 |
Mar | 2.8 | 24.4 | 36.6 | 37.0 | 92.0 | 2.4 | 23.4 |
Apr | 0.7 | 21.6 | 36.1 | 28.7 | 88.2 | 2.4 | 21.3 |
May | 0.2 | 18.2 | 33.4 | 25.1 | 80.6 | 2.8 | 19.9 |
Jun | 0 | 15.2 | 31.2 | 21.2 | 74.6 | 2.6 | 19.0 |
Jul | 0 | 14.1 | 31.5 | 17.8 | 79.8 | 2.7 | 20.2 |
Aug | 0 | 13.6 | 32.9 | 13.4 | 76.1 | 2.8 | 21.8 |
Sept | 0.4 | 18.8 | 37.1 | 16.5 | 81.9 | 2.7 | 25.6 |
Oct | 0.7 | 22.2 | 39.3 | 18.7 | 82.3 | 3.1 | 26.9 |
Nov | 1.4 | 25.4 | 40.0 | 28.8 | 89.1 | 3.3 | 24.9 |
Dec | 6.3 | 25.1 | 36.8 | 42.8 | 94.8 | 2.9 | 25.4 |
source: Australian Government Bureau of Meteorology
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