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Costello
NT, 0872 - Barkly

Thinking about buying in Costello? Now could not be a better time, with just 12 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 393 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Costello Real Estate Market Outlook

In Costello 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 Costello 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 Costello 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Costello 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 Costello a better buying opportunity than it may have been in the past.


Local Schools

Alpurrurulam School

Canteen Creek School

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Costello 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
Jan7.225.736.443.995.32.022.6
Feb6.925.336.242.794.31.922.7
Mar4.324.536.340.396.01.723.2
Apr1.722.035.233.796.5221.4
May0.017.332.826.994.22.220.1
Jun0.016.431.928.094.42.118.7
Jul014.431.324.094.22.219.6
Aug014.432.516.889.42.422.4
Sept0.218.936.318.592.02.624.2
Oct0.222.438.918.885.82.826.0
Nov0.525.440.618.679.82.626.2
Dec3.826.439.429.884.02.324.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

IrrmarneAlpurrurulamAlpurrurulamWunaraOoratippraRankenCanteen CreekCanteen CreekKalpitaptaBurudu


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