37 Stuart Highway, Larrimah NT 0852
This property is Off Market
- The Average property price in this area is $1,726,279, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 248.22 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Elsey
With an average age of 34, households expect an average monthly mortgage payment of $575 or a weekly rent payment of $150. The average family earns a weekly income of $2,094 with a typical household size of 2.3 and a 96.58% employment rate.
In Larrimah 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 Larrimah 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 Larrimah 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 Larrimah 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 Larrimah 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 Larrimah a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 27%)
Are people healthy?
A good place to invest in property?
Elsey a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
06 / 100
55 / 100
Industry
11 / 100
29 / 100
Population
19 / 100
50 / 100
House Prices
10 / 100
61 / 100
Jobs
08 / 100
27 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
37 Stuart Highway, Larrimah, Nt, 0852 is a residential property . The estimated distance to the sea is 248.22km and 0.05KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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