Wagait Beach Real Estate, NT, 822 Wagait

Thinking about buying in Wagait Beach? Now could not be a better time, with just 409 residential dwellings it's a highly sought after location.

The average property price for this area is $535,000 with prices in this suburb ranging from $130,000 to $1,458,000.

Distance to the coast is 0 Km.

Wagait Beach Real Estate Market Outlook

In Wagait Beach 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 Wagait Beach 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 Wagait Beach 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 Wagait Beach 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 Wagait Beach 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 Wagait Beach a better buying opportunity than it may have been in the past.

About

Median Weekly Rent $250.00
Median Monthly Mortgage $1597.00
Median Persons Per Bedroom 1.00
Average Household Size 2.00
Average Age 47.00
Average Income $1080.00
Average Cars Per Dwelling 2.44
Average Properties Within 50M 2.00

Typical Property Prices

1 Bed$480,000
3 Bed$440,000
6 Bed +$1,100,000

Properties For Sale

LJ Hooker 9 JOSEPH CT, WAGAIT BEACH, NT, 0822 3 1 4 $437,500

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Wagait Beach 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
Jan15.825.132.063.194.14.718.8
Feb13.825.332.262.493.84.421.0
Mar8.225.232.758.594.63.721.2
Apr3.724.333.146.792.53.521.8
May0.722.532.437.486.13.920.8
Jun0.020.031.331.685.93.920.2
Jul019.531.629.287.63.720.8
Aug0.119.632.227.189.23.622.6
Sept0.822.833.535.689.83.724.7
Oct2.424.534.041.089.94.025.4
Nov5.425.334.048.790.73.724.6
Dec7.525.733.555.292.23.722.6

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

Internet Speed

  • Fixed Wireless
  • Satellite

Public Transport

  • - Mandorah - Darwin ferry - Less than 5 KM
  • - Darwin - Greater then 10KM
  • General Points of Interest

  • - Aquascene Fish Feeding - Less than 10 KM
  • - Liddle Mindil - Less than 10 KM
  • - WWII B-24J Liberator Aircraft Wreck - Less than 10 KM
  • - Monsoon forest walking trail - Less than 10 KM
  • - Gardens Park Golf Links - Less than 10 KM
  • - USS Peary Memorial - Less than 10 KM
  • - WWII B-24J Liberator Aircraft Wreck - Less than 10 KM
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