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Tiwi

POSTAL CODE: NT, 810
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 4.71% capital gain.

Property investors in TIWI enjoyed capital gains of 7.1% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $600,000.

Profits due to an upward trend in home prices there averaged 1.57% per annum over a 3-year period.

Home owners selling their properties and realtors in TIWI usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the $655 mark, reflecting a 5.68% increase in returns based on the current median price in TIWI.

TIWI, 810 places 30th in Australia based on median property value growth during the quarter.

Surburb overview

"Tiwi is a unique and culturally rich suburb located in the Northern Territory, offering residents a close-knit community with strong Indigenous ties, access to essential amenities and a distinctive island lifestyle. Situated on the Tiwi Islands, just a short ferry ride from Darwin, Tiwi provides a blend of cultural heritage and natural beauty.

Tiwi is situated approximately 14-19 kilometres to the north of Darwin’s central business district (CBD). While it is a remote island suburb, it is well-connected to Darwin by regular ferry services, making it accessible for residents.

With a population of around 2,000 residents, Tiwi is a predominantly Indigenous community. The suburb is home to the Tiwi people, known for their vibrant cultural traditions, including art, dance and football.

Tiwi falls under the jurisdiction of the Tiwi Islands Regional Council, ensuring residents have access to local government services, infrastructure and community programs tailored to their needs.

Tiwi relies on ferry services for transportation to and from Darwin. While on the island, residents primarily use personal vehicles for commuting within Tiwi.

The suburb has essential amenities such as schools, including Tiwi College, and local stores for daily needs. The Jilamara Aboriginal Arts and Crafts showcases the rich Indigenous heritage and artistic talents of the community.

Tiwi presents a unique range of recreational opportunities. The Tiwi Islands are known for their vibrant art scene, with opportunities to explore Indigenous art, culture and traditional dances. The pristine beaches and waters surrounding the islands are ideal for fishing, boating and water-based activities. Residents also participate in Australian rules football, with the Tiwi Bombers being a prominent team.

Tiwi offers a culturally rich and island-centric lifestyle with access to essential amenities and natural beauty. Its Indigenous community, educational institutions and unique cultural experiences make it an appealing choice for individuals and families seeking a distinct island lifestyle in the territory."

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