Wagaman Real Estate, NT, 810 Darwin

Thinking about buying in Wagaman? Now could not be a better time, with a whopping 782 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $443,000 with prices in this suburb ranging from $216,000 to $572,000.

Distance to the coast is 2 Km.

Wagaman Real Estate Market Outlook

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.

About

Median Weekly Rent $304.00
Median Monthly Mortgage $1424.20
Median Persons Per Bedroom 0.76
Average Household Size 2.40
Average Age 34.00
Average Income $1007.00
Average Cars Per Dwelling 2.51
Average Properties Within 50M 12.00

Typical Property Prices

2 Bed$286,964
3 Bed$620,000
4 Bed$605,750
5 Bed$620,000

Local Schools


Wagaman Primary School

(While the above schools are located with the suburb of Wagaman 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

  • Fibre to the Premises
  • Satellite

Public Transport

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

  • - Mr Tao Xingzhi, The Great Educator - Less than 5 KM
  • - Church - Less than 5 KM
  • - Darwin Railway - Less than 10 KM
  • - Kingpin Darwin - Less than 5 KM
  • - Charles Darwin University - Less than 5 KM
  • - Darwin Ice Skating - Less than 5 KM
  • - Darwin Helicopter Tours - Less than 10 KM
  • - Larrakia Welcome Sign - Less than 10 KM
  • - Leanyer Recreation Park - Less than 5 KM
  • - Leanyer Recreation Park - Less than 5 KM
  • - Darwin Airport - Less than 5 KM
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