Thinking about buying in Snake Island? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location. Snake Island is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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In Snake 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. 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 Snake Island due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Snake 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. Lower than average population density constrains growth in Snake Island 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 Snake Island 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.
None within suburb boundary
(While the above schools are located with the suburb of Snake 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 | 1.5 | 14.3 | 24.1 | 49.6 | 83.4 | 5.0 | 23.2 |
Feb | 1.2 | 14.7 | 23.8 | 51.0 | 83.6 | 5.1 | 19.6 |
Mar | 1.7 | 13.3 | 22.0 | 45.6 | 75.4 | 5.1 | 15 |
Apr | 1.7 | 10.5 | 19.5 | 53.2 | 87.5 | 4.2 | 10.5 |
May | 2.9 | 8.5 | 16.9 | 52.7 | 82 | 3.9 | 7.7 |
Jun | 3.8 | 7.6 | 14.6 | 69.6 | 94.4 | 4.5 | 6.2 |
Jul | 2.8 | 6.9 | 13.9 | 72.3 | 95.5 | 5 | 7.4 |
Aug | 2.7 | 6.5 | 14.3 | 68.1 | 96.0 | 4.9 | 10.2 |
Sept | 3.0 | 8.0 | 16.4 | 63.2 | 95.4 | 5.0 | 14.1 |
Oct | 2.1 | 9.5 | 18.6 | 56.3 | 87.5 | 5.0 | 18.6 |
Nov | 2.0 | 10.5 | 19.4 | 61 | 93.2 | 5.0 | 20.7 |
Dec | 2.0 | 12.8 | 22.4 | 52.8 | 85.6 | 5 | 24.1 |
source: Australian Government Bureau of Meteorology
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