All About Wanbi, Karoonda East Murray, SA, 5310
Wanbi, located in the Karoonda East Murray region of South Australia, offers a unique and tranquil lifestyle, characterized by its rural charm and close-knit community spirit. The housing market in this area is generally more affordable than in urban centers, making it an attractive option for those looking for a quieter, more budget-friendly place to reside. Properties in Wanbi typically consist of spacious land areas and traditional homes, ideal for families or individuals who appreciate open spaces and a more relaxed pace of life. The market here experiences less fluctuation compared to metropolitan areas, often resulting in stable property values over time.
Living in Wanbi is defined by its serene environment and the opportunity for a self-sustained lifestyle, with many residents engaging in agricultural activities or enjoying the benefits of a sizable garden. The close-knit community fosters a sense of belonging and mutual support, which is a significant advantage for those seeking a strong community bond. While amenities are more limited than in larger towns, the essentials are typically covered, and the area’s natural beauty offers plenty of outdoor activities. Residents often appreciate the balance of peaceful rural life with the convenience of being a drive away from larger town facilities, making Wanbi an appealing choice for those desiring a touch of solitude while maintaining connectivity to broader services.
Household Makeup
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Housing Stock
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Wanbi Real Estate Market Outlook
Thinking about buying in Wanbi? Now could not be a better time, with just 123 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $852,000 with prices in this suburb ranging from $163,000 to $2,668,000. The aproximate distance to the coast is 135 Km.
In Wanbi 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wanbi due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Wanbi 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 Wanbi 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 Valuation
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4 Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Wanbi there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Wanbi 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.3 | 15.3 | 33.3 | 18.2 | 76 | 4.0 | 27.6 |
| Feb | 0.8 | 15.3 | 31.8 | 23.3 | 79.7 | 3.8 | 23.9 |
| Mar | 0.4 | 12.6 | 28.7 | 24.9 | 84.3 | 3.4 | 19.5 |
| Apr | 0.9 | 9.2 | 24.4 | 30.9 | 87.9 | 2.9 | 14.1 |
| May | 0.6 | 6.3 | 19.8 | 39.8 | 93.3 | 2.8 | 10.6 |
| Jun | 0.5 | 4.6 | 16.7 | 47.1 | 96.0 | 2.5 | 9.5 |
| Jul | 0.6 | 4.5 | 16.5 | 44.7 | 94.5 | 3.1 | 9.8 |
| Aug | 0.7 | 4.6 | 17.8 | 36.6 | 93.0 | 3.3 | 12.4 |
| Sept | 0.9 | 6.7 | 21.8 | 27.7 | 89.2 | 3.8 | 17.2 |
| Oct | 0.5 | 8.9 | 25.6 | 22.2 | 86.0 | 3.8 | 22.0 |
| Nov | 0.6 | 11.2 | 28.3 | 19.6 | 83.2 | 4.0 | 26.3 |
| Dec | 0.5 | 14.1 | 31.7 | 17.6 | 76.5 | 4.1 | 27.7 |
source: Australian Government Bureau of Meteorology
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