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Alawa

POSTAL CODE: NT, 810
HOUSE

ALAWA, 810 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NT have risen as a whole, pulling ALAWA, 810 values up and netting property investors a capital gain of 15.64% for the past year.

Investors saw the median home price rise to $610,000.

Profits due to an upward trend in home prices in the suburb averaged 7.31% per annum over a 3-year period.

ALAWA now ranks at the 20th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ALAWA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $670 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ALAWA, homes and units usually stay on listing for an average of N/A.

In 2016, 49 properties were sold in ALAWA during the past year, making it the 17th most active market in NT based on total real estate transactions.

Surburb overview

Alawa is a charming suburb located in the Northern Territory of Australia, just a short distance from the bustling central business district (CBD) of Darwin. Nestled in the heart of the Top End, Alawa offers a unique blend of suburban tranquillity and urban convenience.

Alawa is approximately 11 kilometres northeast of Darwin’s CBD. This makes it an ideal choice for those who prefer a quieter residential area while still being within easy reach of the city’s amenities.

With a diverse population of around 2,000 residents, Alawa is a community characterised by its multiculturalism. It’s a welcoming suburb that attracts a mix of families, young professionals and retirees, creating a vibrant and inclusive atmosphere.

Alawa falls under the jurisdiction of the City of Darwin, ensuring residents have access to a range of municipal services and facilities.

Alawa benefits from efficient public transportation options, with regular bus services connecting it to Darwin’s CBD and surrounding suburbs. Commuting to work or exploring the city is convenient and accessible.

Families with children will appreciate the proximity of quality educational institutions, such as Alawa Primary School and nearby Nakara Primary School. Additionally, Casuarina Square, a major shopping mall, is just a stone’s throw away, offering a wide range of retail stores, dining options and entertainment.

Alawa is an outdoor enthusiast’s paradise. The suburb is bordered by the picturesque Casuarina Beach, where residents can enjoy swimming, picnicking and beachcombing. Nearby parks like Alawa Park and Jingili Water Gardens provide green spaces for relaxation and outdoor activities.

Alawa offers the perfect balance of suburban living with access to urban amenities. Its diverse community, excellent schools and proximity to the CBD make it an attractive choice for individuals and families seeking a high-quality lifestyle in the territory.

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