Thinking about buying in North Yelta? Now could not be a better time, with just 6 residential dwellings it's a highly sought after location. North Yelta is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In North Yelta 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 North Yelta 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 North Yelta 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 North Yelta to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in North Yelta 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 North Yelta a better buying opportunity than it may have been in the past.
None within suburb boundary
(While the above schools are located with the suburb of North Yelta 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 | 0.7 | 14.5 | 32.0 | 23.9 | 82.7 | 5.4 | 26.1 |
Feb | 1.1 | 14.4 | 31.7 | 25.7 | 85.4 | 4.9 | 24 |
Mar | 0.6 | 12.3 | 28.7 | 27.6 | 87.2 | 4.5 | 19.1 |
Apr | 0.9 | 9.6 | 24.8 | 32.4 | 85.5 | 4.3 | 15.2 |
May | 1.2 | 7.2 | 19.4 | 44.8 | 91.3 | 4.4 | 11.4 |
Jun | 1.8 | 5.7 | 16.0 | 55.3 | 94.0 | 4.7 | 9.6 |
Jul | 1.4 | 5.0 | 15.4 | 59.2 | 95.4 | 4.9 | 9.9 |
Aug | 1.4 | 4.1 | 16.7 | 50.7 | 94.6 | 4.7 | 12.8 |
Sept | 0.7 | 5.2 | 21.4 | 35.8 | 93.7 | 4.9 | 17.6 |
Oct | 0.9 | 7.4 | 24.2 | 30.1 | 91.7 | 4.9 | 21.6 |
Nov | 0.7 | 9.7 | 27.5 | 23.6 | 87.4 | 5 | 25.4 |
Dec | 0.9 | 12.4 | 30.9 | 21.4 | 83.7 | 5.1 | 28.7 |
source: Australian Government Bureau of Meteorology
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