Real Estate Araluen, NT, 870 Alice Springs
Thinking about buying in Araluen? Now could not be a better time, with a whopping 1235 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $508,000 with prices in this suburb ranging from $258,000 to $832,000.
Distance to the coast is 896 Km.Araluen Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Araluen ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Araluen provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Araluen 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
About
Household makeup
| Median Weekly Rent | $366.56 |
| Median Monthly Mortgage | $1363.56 |
| Median Persons Per Bedroom | 1.06 |
| Average Household Size | 3.00 |
| Average Age | 33.00 |
| Average Income | $1111.00 |
| Average Cars Per Dwelling | 2.28 |
| Average Properties Within 50M | 10.00 |
Typical Property Prices
| 2 Bed | $303,421 |
| 3 Bed | $482,433 |
| 4 Bed | $692,929 |
| 5 Bed | $673,650 |
| 6 Bed + | $625,000 |
Housing Stock
Houses for sale Araluen
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Araluen there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Araluen weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.8 | 22.4 | 36.9 | 20.4 | 60.5 | 4.4 | 26.9 |
| Feb | 1.4 | 20.7 | 36.2 | 19.6 | 59.1 | 4.2 | 25.9 |
| Mar | 1.2 | 18.2 | 33.2 | 24.0 | 63.4 | 3.9 | 22.3 |
| Apr | 0.3 | 12.5 | 28.7 | 20.8 | 64.7 | 3.5 | 20.4 |
| May | 0.3 | 7.0 | 23.2 | 25.0 | 73.7 | 3.3 | 16.7 |
| Jun | 0.1 | 3.9 | 20.2 | 28.1 | 80.4 | 3.1 | 15.1 |
| Jul | 0.3 | 3.4 | 21.6 | 21.7 | 76.4 | 3.1 | 16.2 |
| Aug | 0.1 | 5.6 | 24.1 | 16.3 | 60.9 | 3.5 | 18.8 |
| Sept | 0.3 | 10.6 | 28.5 | 13.1 | 54.0 | 4 | 22.3 |
| Oct | 0.4 | 14.2 | 31.9 | 13.1 | 49.4 | 4 | 26.4 |
| Nov | 0.9 | 18.2 | 35.0 | 13.5 | 52.5 | 4.2 | 28.2 |
| Dec | 0.7 | 20.5 | 37.1 | 14.3 | 52.1 | 4.2 | 29.4 |
source: Australian Government Bureau of Meteorology
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General Points of Interest
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