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Christmas Island QT 6798: Property Market Report & Real Estate Insights

Property Market

Median Weekly Rent $163.33
Median Monthly Mortgage $1396.33
Median Persons Per Bedroom 1.00
Average Household Size 2.67
Average Age 38.67
Average Income $1292.33
Average Cars Per Dwelling 1.74
Average Properties Within 50M 63

Typical House Prices

1 bed property $367,000
4 bed property $536,000
5 bed property $1,221,000

Typical Homes & Property Types

Average Internet Speeds in Christmas Island

Download 25 Mbps / Upload 5 Mbps

The housing market in Christmas Island, a small Australian territory located in the Indian Ocean, is unique due to its remote location and limited land availability. Real estate options are typically constrained to a few residential areas, with most homes being modest in size and design. The demand for housing is relatively stable but not high, due to the island's limited population and the impact of its remote location on residential desirability. Property prices tend to be more affordable compared to mainland Australia, reflecting the geographic isolation and limited economic opportunities. However, owning property on Christmas Island can be attractive due to the low cost of living and the potential for involvement in the island's niche industries, such as phosphate mining and tourism.

Living on Christmas Island offers a distinct and serene lifestyle, surrounded by pristine nature and a rich tapestry of wildlife, most notably the annual spectacle of migrating red crabs. The island's community is small, close-knit, and culturally diverse, with a blend of Australian and Asian influences evident in local customs and cuisine. Residents enjoy a slow pace of life, with ample opportunities for outdoor activities such as snorkeling, diving, and rainforest hiking. Essential amenities are available, though choices for shopping and entertainment are limited, requiring some individuals to travel to the mainland for comprehensive services. The general atmosphere is peaceful and relaxed, ideal for those seeking an escape from the hustle and bustle of urban life. Nonetheless, the remote setting can pose challenges related to healthcare access and connectivity, which potential residents must consider.



Recently Sold Properties

No recent sales records available for this suburb.

Local Schools

Christmas Island District High School

Is Christmas Island a safe suburb?

Incidents Trend State Average

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Balmain East 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
Jan1.226.233.651.484.07.027.5
Feb0.926.033.547.478.66.526.8
Mar1.826.633.644.076.05.822.9
Apr0.524.831.641.978.95.420.5
May1.421.127.446.9825.817.1
Jun0.919.124.547.276.96.215.5
Jul0.517.423.748.482.75.816.9
Aug0.017.725.344.083.15.920.1
Sept0.019.827.540.081.37.024.5
Oct0.022.130.142.582.17.127.9
Nov0.023.331.045.082.07.729
Dec0.424.632.647.883.77.429.5

source: Australian Government Bureau of Meteorology


Nearby Suburbs

SettlementKampongDrumsitePoon SaanSilver CityCocos Keeling Home IslandHome IslandWest IslandCocos Keeling West IslandWest Is Cocos (Keeling)

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