Thinking about buying in Alawa? Now could not be a better time, with a whopping 871 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $395,000 with prices in this suburb ranging from $319,000 to $508,000.Distance to the coast is 1 Km.
Consistent high demand relative to supply is a key feature in Alawa driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Alawa are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Alawa 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. High density population in Alawa requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Alawa 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 Alawa a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$275.20|
|Median Monthly Mortgage||$1407.60|
|Median Persons Per Bedroom||0.74|
|Average Household Size||2.40|
|Average Cars Per Dwelling||2.97|
|Average Properties Within 50M||9.00|
|UNIT 1, 14 LAKESIDE DR, ALAWA, NT, 0810||2||1||1||PRICE GUIDE $350,000|
|4 BALD CCT, ALAWA, NT, 0810||4||2||2||$630,000|
|UNIT 5, 13 GOVE ST, ALAWA, NT, 0810||2||1||1||PRICE GUIDE $245,000|
|8 STASINOWSKY ST, ALAWA, NT, 0810||5||2||2||AUCTION BIDDING FROM $800,000|
|3 STYLES ST, ALAWA, NT, 0810||3||1||2||$639,000|
|1 ALAWA CR, ALAWA, NT, 0810||2||1||1||Offers over $399,000|
|UNIT 6, 26 LAKESIDE DR, ALAWA, NT, 0810||2||1||1||$275,000|
Alawa Primary School
Nemarluk School(While the above schools are located with the suburb of Alawa there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
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