Thinking about buying in Nungatta? Now could not be a better time, with just 4 residential dwellings it's a highly sought after location.
Distance to the coast is 25 Km.
In Nungatta 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 Nungatta 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. The slightly lower than average earnings from occupations in Nungatta changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. With very low industrial sector presence in Nungatta 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.
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|Median Persons Per Bedroom|
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|Average Cars Per Dwelling|
|Average Properties Within 50M||1.00|
None within suburb boundary(While the above schools are located with the suburb of Nungatta there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
|05-03-2020||$1,800,000||1551 NUNGATTA RD NUNGATTA 2551|
|27-01-2017||$180,000||1282 NUNGATTA RD NUNGATTA 2551|
|07-11-2011||$2,095,550||1551 NUNGATTA RD NUNGATTA 2551|
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