Margaret River Real Estate, NT, 822 Unincorporated NT

Thinking about buying in Margaret River? Now could not be a better time, with just 8 residential dwellings it's a highly sought after location.

Distance to the coast is 60 Km.

Margaret River Real Estate Market Outlook

In Margaret River 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Margaret River due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Margaret River classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Margaret River 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 Margaret River 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 Margaret River a better buying opportunity than it may have been in the past.

About

Properties For Sale

Local Schools


Margaret River Senior High School

Margaret River Primary School

St Thomas More Catholic Primary School

Margaret River Montessori School

Rapids Landing Primary School

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

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan7.424.332.860.295.21.919.9
Feb10.723.632.357.195.72.019.3
Mar5.023.634.148.194.81.723.3
Apr0.622.233.839.891.01.721.8
May018.633.228.183.42.120.6
Jun019.033.627.880.42.219.7
Jul0.217.332.724.077.82.320.3
Aug017.634.019.684.41.922.3
Sept0.621.836.426.589.81.822.5
Oct1.723.237.126.789.71.924.2
Nov2.524.437.631.488.61.822.3
Dec9.524.334.349.693.81.820.1

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

Internet Speed

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