Yam Island, located in the Torres Strait Islands of Queensland, offers a unique and intimate housing market characterized by its remoteness and the close-knit community dynamic. The island, also known by its traditional name Iama, is relatively small, which inherently limits the supply and variety of housing options. Most of the residences here are family-owned and have been passed down through generations, reflecting the island's strong cultural heritage and connection to land. Due to the logistical challenges associated with transporting building materials and the limited availability of land, new developments are scarce. This has resulted in a stable, albeit limited, real estate market, with a strong emphasis on community and tradition over commercial development. The local government and community councils play a significant role in managing housing, ensuring that development aligns with cultural values and environmental sustainability.
Life on Yam Island is defined by its rich cultural heritage and a slower, more deliberate pace of life compared to urban settings. The island is predominantly inhabited by Torres Strait Islanders who maintain strong cultural practices and traditions, fostering a sense of identity and community. Residents benefit from the island's natural beauty, with stunning ocean views, coral reefs, and a rich marine life that supports both subsistence and lifestyle. Community events, traditional ceremonies, and communal activities are integral to daily life, reinforcing a strong sense of belonging and mutual support. While the island's isolation means that access to certain amenities and services may be limited compared to mainland cities, this is often offset by the high quality of life afforded by the island's natural resources and the resilience and adaptability of its people. Those living on Yam Island often highlight the unparalleled sense of community, cultural richness, and connection to nature as defining elements of their lifestyle.
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Thinking about buying in Yam Island? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Yam Island 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 Yam Island 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. The slightly lower than average earnings from occupations in Yam Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Yam Island necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Yam Island 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 Yam Island 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 Yam Island 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 | 14.1 | 25.3 | 31.1 | 69.3 | 92.5 | 3.9 | 18.3 |
Feb | 12.6 | 25.3 | 30.8 | 70.5 | 93.6 | 3.6 | 20.3 |
Mar | 10.5 | 25.3 | 30.8 | 71.0 | 93.8 | 3.4 | 19.2 |
Apr | 5.6 | 25.6 | 30.9 | 68.4 | 90.2 | 4.7 | 21.1 |
May | 1.7 | 25.1 | 30.3 | 65.3 | 86.5 | 6.2 | 20.1 |
Jun | 0.4 | 24.3 | 29.7 | 63.8 | 87.3 | 6.3 | 19.1 |
Jul | 0.3 | 23.4 | 29.1 | 61.6 | 87.9 | 6.7 | 19.8 |
Aug | 0.2 | 23.5 | 29.6 | 58.9 | 84.7 | 6.7 | 22.0 |
Sept | 0.1 | 24.1 | 30.3 | 58.0 | 83.1 | 7.0 | 24.1 |
Oct | 0.6 | 24.9 | 31.3 | 58.6 | 83.6 | 6.7 | 25.9 |
Nov | 0.7 | 26.0 | 32.1 | 59.4 | 83.3 | 5.8 | 26.2 |
Dec | 4.3 | 25.9 | 32.4 | 61.3 | 87.3 | 4.2 | 23.4 |
source: Australian Government Bureau of Meteorology
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