Real Estate Bute, SA, 5560 Barunga West

Thinking about buying in Bute? Now could not be a better time, with just 449 residential dwellings it's a highly sought after location.

The average property price for this area is $190,000 with prices in this suburb ranging from $49,000 to $453,000.

Distance to the coast is 16 Km.

Instant Valuation

Bute Real Estate Market Outlook

In Bute 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 Bute 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 Bute 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. Medium density in Bute necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Bute 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 Bute a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $147.50
Median Monthly Mortgage $826.50
Median Persons Per Bedroom 0.80
Average Household Size 2.50
Average Age 42.00
Average Income $753.00
Average Cars Per Dwelling 2.82
Average Properties Within 50M 4.00

Typical Property Prices

1 Bed$186,453

Housing Stock

Houses for sale Bute

Nutrien Harcourts 2612 UPPER YORKE RD, BUTE, SA, 5560 Tender 30 Nov 2022

Local Schools

Bute Primary School

(While the above schools are located with the suburb of Bute there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Bute 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
Jan0.714.532.023.982.75.426.1
Feb1.114.431.725.785.44.924
Mar0.612.328.727.687.24.519.1
Apr0.99.624.832.485.54.315.2
May1.27.219.444.891.34.411.4
Jun1.85.716.055.394.04.79.6
Jul1.45.015.459.295.44.99.9
Aug1.44.116.750.794.64.712.8
Sept0.75.221.435.893.74.917.6
Oct0.97.424.230.191.74.921.6
Nov0.79.727.523.687.4525.4
Dec0.912.430.921.483.75.128.7

source: Australian Government Bureau of Meteorology



Internet Speed

Fixed Wireless

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Nearby Suburbs

NinnesBarunga GapThomas PlainLochielWokurnaWillamulkaAlfordSouth HummocksBumbungaSnowtown

Public Transport

Wallaroo - Greater then 10KM

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