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Coconut Grove
AREA REPORTS

Coconut Grove

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

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that COCONUT GROVE, 810 obtained a 4.28% growth over a ten-year period. It ranks 2386th 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 57.82% for the past year, which is higher than average compared to its 7.5% growth within a five-year period.

With the median home price in COCONUT GROVE sitting at $706,250, and the average rent at $560, property owners could potentially earn a 4.12% increase in gross rental yield.

A 57.82% 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 1st.

Data report can be found below

Coconut Grove
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $706,250 $265,000
GROWTH REPORT
Median Quarterly N/A -2.75%
Median 12 month 57.82% 18.7%
Median 3 years 22.83% -10.17%
Median 5 years 7.5% -41.76%
10 years average annual 4.28% -2.34%
Weekly media advert. rent $560 $380
Time on Market 0.0 days 77.3 days
Gross Rental Yield Percent 4.12% 7.46%
demographics (median values)*
Total Population
33302
Weekly Household Income
2107
Household Size
2.80
Age
34
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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