As of the latest data, Wada Warra in the Roper Gulf region of Northern Territory presents a unique housing market characterized by its rural and remote nature. The region's housing landscape is largely dominated by traditional architecture and community housing, often providing residents with a strong sense of local culture and community heritage. Real estate options in Wada Warra are limited compared to urban centers, with a focus on detached houses that cater to both small and large families. Due to its remote location, property prices can be more affordable than in metropolitan areas, though the market may not experience significant fluctuations due to a lower demand and supply dynamic. Housing in Wada Warra oftentimes includes vast land spaces, reflecting the region's abundant natural environment.
Living in Wada Warra offers a lifestyle deeply connected to natural surroundings and Indigenous culture, which plays an integral role in the community. The area is known for its serene landscapes, abundant wildlife, and a slower pace of life, appealing to those who appreciate tranquility and a close-knit community atmosphere. However, residents may face logistical challenges, such as limited access to amenities and services found in more populated areas. Essential services, such as healthcare, education, and shopping, may require traveling to larger towns. Nonetheless, for those who prioritize community bonds and natural beauty over modern conveniences, Wada Warra provides a fulfilling living experience grounded in cultural richness and environmental splendor.
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Thinking about buying in Wada Warra? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Wada Warra 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 Wada Warra 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 Wada Warra 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. Lower than average industry presence in Wada Warra we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Wada Warra a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Wada Warra 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 | 9.8 | 25.4 | 36.0 | 45.3 | 91.7 | 2.9 | 22.6 |
Feb | 6.3 | 24.9 | 34.8 | 49.6 | 92.8 | 2.6 | 21.8 |
Mar | 1.6 | 22.9 | 34.2 | 49.9 | 91.4 | 2 | 22.5 |
Apr | 0.6 | 20.6 | 35.6 | 34.2 | 88.6 | 2.2 | 21.3 |
May | 0.0 | 15.7 | 33.2 | 24.1 | 85.1 | 2.4 | 19.4 |
Jun | 0.0 | 14.0 | 31.2 | 24.7 | 84.4 | 2.6 | 18.0 |
Jul | 0 | 10.5 | 31.2 | 18.5 | 86.4 | 2.4 | 19.2 |
Aug | 0.0 | 13.2 | 32.4 | 17.8 | 79.5 | 2.8 | 21.5 |
Sept | 0 | 17.6 | 36.2 | 16.5 | 88.4 | 2.9 | 24.2 |
Oct | 0.3 | 20.9 | 38.1 | 21.9 | 84.9 | 3.1 | 25.8 |
Nov | 1.3 | 24.0 | 39.3 | 24.2 | 82.7 | 3.2 | 25.8 |
Dec | 1.9 | 25 | 39.1 | 29.7 | 84.6 | 3.0 | 24.9 |
source: Australian Government Bureau of Meteorology
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