Thinking about buying in Wagaman? Now could not be a better time, with 783 residential properties there's certainly plenty to choose from. Wagaman is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $400.83 |
Median Monthly Mortgage | $1876.33 |
Median Persons Per Bedroom | 0.96 |
Average Household Size | 3.00 |
Average Age | 35.75 |
Average Income | $926.17 |
Average Cars Per Dwelling | 1.97 |
Average Properties Within 50M | 12 |
Consistent high demand relative to supply is a key feature in Wagaman driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Wagaman are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Wagaman 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. High density population in Wagaman 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 Wagaman 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 Wagaman a better buying opportunity than it may have been in the past.
apartment 1, 234 trower rd, wagaman, nt, 0810 | 24 | 20 | 24 | Please Call | |
8 coen st, wagaman, nt, 0810 | 5 | 2 | 4 | Price Guide $875,000 | |
21 malay rd, wagaman, nt, 0810 | 3 | 3 | 2 | Auction |
Wagaman Primary School
Casuarina Senior College
Alawa Primary School
Holy Spirit Catholic Primary School
Moil Primary School
Nemarluk School
Wanguri Primary School
Wulagi Primary School
Nakara Primary School
Jingili Primary School
(While the above schools are located with the suburb of Wagaman there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 15.8 | 25.1 | 32.0 | 63.1 | 94.1 | 4.7 | 18.8 |
Feb | 13.8 | 25.3 | 32.2 | 62.4 | 93.8 | 4.4 | 21.0 |
Mar | 8.2 | 25.2 | 32.7 | 58.5 | 94.6 | 3.7 | 21.2 |
Apr | 3.7 | 24.3 | 33.1 | 46.7 | 92.5 | 3.5 | 21.8 |
May | 0.7 | 22.5 | 32.4 | 37.4 | 86.1 | 3.9 | 20.8 |
Jun | 0.0 | 20.0 | 31.3 | 31.6 | 85.9 | 3.9 | 20.2 |
Jul | 0 | 19.5 | 31.6 | 29.2 | 87.6 | 3.7 | 20.8 |
Aug | 0.1 | 19.6 | 32.2 | 27.1 | 89.2 | 3.6 | 22.6 |
Sept | 0.8 | 22.8 | 33.5 | 35.6 | 89.8 | 3.7 | 24.7 |
Oct | 2.4 | 24.5 | 34.0 | 41.0 | 89.9 | 4.0 | 25.4 |
Nov | 5.4 | 25.3 | 34.0 | 48.7 | 90.7 | 3.7 | 24.6 |
Dec | 7.5 | 25.7 | 33.5 | 55.2 | 92.2 | 3.7 | 22.6 |
source: Australian Government Bureau of Meteorology
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