AREA REPORTS

Coconut Grove

NT/
Coconut grove

Suburb Profile

Coconut Grove - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,810

house
unit

Based on its average 5-year and quarterly capital gains COCONUT GROVE, 810 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that COCONUT GROVE, 810 obtained a -1.5% decrease over a ten-year period. It ranks 4168th on our list of suburbs that property investors should look into.

COCONUT GROVE, 810 in NT belongs to the local government area of Darwin (C).

COCONUT GROVE, 810 has a capital gain of 1.22% for the past year, which is higher than average compared to its -28.1% growth within a five-year period.

With the median home price in COCONUT GROVE sitting at $540,000, and the average rent at $550, property owners could potentially earn a 5.3% increase in gross rental yield.

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

A 1.22% increase in median property prices in COCONUT GROVE, 810 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 17th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $540,000 $300,000
GROWTH REPORT
Median Quarterly 0% 3.45%
Median 12 month 1.22% -18.92%
Median 3 years N/A -22.68%
Median 5 years -28.1% -29.08%
10 years average annual -1.5% 0.21%
Weekly media advert. rent $550 $350
Time on Market 0.0 days 109.4 days
Gross Rental Yield Percent 5.3% 6.07%
demographics (median values)
Total Population
2593
Weekly Household Income
903
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

For rent

How rental and vacancy rates are performing in major capitals

New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors.  ...

How to avoid making an ‘emotional’ property investment

Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...

Australia from space

Property in 2060: What will it look like for investors?

A new report projects what major shifts in the economy need to take place to ensure growth, and the make-up of the property market factors s...

Gladys Berejiklian

Revealed: Where NSW is spending big on infrastructure

The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to ...

Fact or myth: Does water view affect property price growth?

Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...

Mascot Towers

Investors face headaches as residents evacuated from towers in Sydney

An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.