Tara, located in the Barkly region of the Northern Territory, offers a unique glimpse into Australia's diverse housing market. This remote locality is characterized by its vast, open landscapes and a sparse population, contributing to its distinctive real estate dynamics. The housing market in Tara tends to be limited, with fewer properties available compared to urban centers, reflecting its remote setting and minimal population density. The properties that do exist often vary significantly, ranging from traditional standalone houses to more rustic and off-grid homes that embrace the rugged, natural environment. The real estate market can be appealing to those looking for affordable housing options, especially for buyers seeking a lifestyle change or wishing to escape the high prices of larger cities. However, potential buyers or renters must be prepared for the challenges of limited amenities and long distances to urban infrastructures.
Living in Tara offers a uniquely tranquil lifestyle, deeply connected to nature and the Australian outback. Residents can enjoy expansive natural beauty right at their doorstep, with opportunities for outdoor activities such as hiking, wildlife spotting, and camping. The sense of community in Tara is often described as close-knit, though relatively small, fostering strong neighborly connections. However, living in such a remote location does come with its trade-offs, including limited access to healthcare, education, and other essential services, requiring residents to travel significant distances to reach more developed areas. The area’s economic opportunities can also be limited, often centered around agriculture, mining, and other traditional industries. Despite these challenges, many find the peaceful lifestyle and the connection to the land in Tara rewarding and fulfilling.
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Housing Stock
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Thinking about buying in Tara? Now could not be a better time, with just 37 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 674 Km.
In Tara 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 Tara 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 Tara 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. Lower than average population density constrains growth in Tara to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Tara 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 ValuationNeutral Junction School
(While the above schools are located with the suburb of Tara 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 | 3.4 | 22.6 | 36.2 | 29.0 | 72.3 | 3.5 | 26.2 |
| Feb | 1.1 | 22.0 | 36.8 | 23.9 | 63.3 | 3.5 | 25.5 |
| Mar | 1.0 | 19.8 | 35.5 | 20.6 | 58.1 | 2.9 | 23.0 |
| Apr | 0.4 | 14.8 | 31.6 | 20.2 | 60.6 | 3.4 | 21 |
| May | 0.4 | 10.5 | 25.9 | 25.2 | 68.5 | 2.5 | 17.3 |
| Jun | 0.2 | 6.1 | 22.7 | 27 | 76.2 | 2.5 | 15.9 |
| Jul | 0.2 | 5.4 | 23.8 | 20.7 | 66.6 | 2.8 | 16.9 |
| Aug | 0.0 | 6.1 | 25.5 | 15.7 | 55 | 3.1 | 19.5 |
| Sept | 0.3 | 11.6 | 30.5 | 13.9 | 47.4 | 3.4 | 23.0 |
| Oct | 0.4 | 15.2 | 33.4 | 16.0 | 51.4 | 3.4 | 26.4 |
| Nov | 0.8 | 19.9 | 36.7 | 15.1 | 50.1 | 3.6 | 27.8 |
| Dec | 3.0 | 21.7 | 36.8 | 22.2 | 63.0 | 3.6 | 26.4 |
source: Australian Government Bureau of Meteorology
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