AREA REPORTS

Nightcliff

Suburb Profile

Nightcliff - FREE 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 the NT suburb obtained a 2.94% growth over a ten-year period. It ranks 2451st on our list of suburbs that property investors should look into.

NIGHTCLIFF, 810 has a capital gain of -7.43% for the past year, which is lower than average compared to its -4.86% growth within a five-year period.

With the median home price in NIGHTCLIFF sitting at $685,000, and the average rent at $650, property owners could potentially earn a 4.93% increase in gross rental yield.

A -7.43% increase in median property prices in NIGHTCLIFF, 810 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 31st.

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

NIGHTCLIFF, 810 in NT belongs to the local government area of Darwin.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $685,000 $305,000
GROWTH REPORT
Median Quarterly -3.04% 0%
Median 12 month -7.43% -33.41%
Median 3 years -18.93% -32.97%
Median 5 years -4.86% -8.96%
10 years average annual 2.94% 2.74%
Weekly media advert. rent $650 $330
Time on Market 119.6 days 93.0 days
Gross Rental Yield Percent 4.93% 5.63%
demographics (median values)
Total Population
3357
Weekly Household Income
1109
Household Size
2.20
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

House and land

Calls to drop negative gearing met with alternative tax proposal

By removing negative gearing, an industry advocate claims Australians would be losing a part of their investing DNA, and is lobbying instead...

Perth Australia

Hotspots reignite in WA as rental demand surges

Every aspect of Perth’s rental market over the September 2018 quarter is benefiting property investors as rental supply is down while d...

Property buyer's market

7-year high stock levels point to a buyer’s market

With stock levels hitting their highest point since 2012, one property researcher claims buyers “are back in the driver’s seat”. ...

Millennial investors

The 3 habits Millennial investors need to change

Millennials are facing a unique property investment horizon compared to their predecessors. We speak to a Generation Y property educator to ...

Ripple effect

The ‘ripple effect’ in property investment

Finding the next property markets set to boom can be as easy as looking out into their 'prime neighbours'. Find out how one expert uses only...

Man lending money to another man

How smart investors are thriving in a tight lending environment

While acquiring finance for property has become harder due to recent lending interventions, experts believe that investors can continue to g...