Real Estate Newcastle Waters, NT, 862 Barkly

Thinking about buying in Newcastle Waters? Now could not be a better time, with just 28 residential dwellings it's a highly sought after location.

Distance to the coast is 340 Km.

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Newcastle Waters Real Estate Market Outlook

In Newcastle Waters 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 Newcastle Waters 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 Newcastle Waters 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. Lower than average population density constrains growth in Newcastle Waters to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Newcastle Waters the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

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 2.00

Housing Stock


Local Schools

Newcastle Waters School

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

Local Crime Rate

Incidents Trend State Average


Newcastle Waters 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
Jan7.824.33641.388.12.122.5
Feb8.023.435.441.589.21.823.1
Mar2.022.436.234.787.91.623.6
Apr0.319.235.525.881.61.721.8
May0.114.532.121.670.02.219.5
Jun013.330.623.669.02.118.5
Jul0.010.530.919.168.41.919.3
Aug010.530.814.453.52.321.7
Sept0.015.236.314.862.42.124.0
Oct0.318.938.615.464.92.225.6
Nov1.723.239.321.971.12.225.3
Dec6.324.538.728.576.82.124.2

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

ElliottPamayuBirdumDaly WatersTanami EastArnoldTop SpringsLarrimahSturt PlateauVictoria River


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