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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 -6.61% decrease over a ten-year period. It ranks 3767th 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 -2.96% for the past year, which is higher than average compared to its -30.23% growth within a five-year period.

With the median home price in COCONUT GROVE sitting at $524,000, and the average rent at $500, property owners could potentially earn a 4.96% 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 -2.96% 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 19th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $524,000 $307,500
GROWTH REPORT
Median Quarterly 2.75% 11.82%
Median 12 month -2.96% 4.24%
Median 3 years -19.82% -33.15%
Median 5 years -30.23% -28.07%
10 years average annual -6.61% -0.27%
Weekly media advert. rent $500 $330
Time on Market 96.6 days 78.4 days
Gross Rental Yield Percent 4.96% 5.58%
demographics (median values)
Total Population
2593
Weekly Household Income
903
Household Size
2.00
demographics
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