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Wagaman

POSTAL CODE: NT, 810
HOUSE
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Based on its average 5-year and quarterly capital gains WAGAMAN, 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 WAGAMAN, 810 obtained a 1.4% growth over a ten-year period. It ranks 4484th on our list of suburbs that property investors should look into.

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

WAGAMAN, 810 has a capital gain of 13.1% for the past year, which is higher than average compared to its 41.3% growth within a five-year period.

With the median home price in WAGAMAN sitting at $585,000, and the average rent at $682.5, property owners could potentially earn a 6.07% increase in gross rental yield.

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

Surburb overview

"Wagaman is a peaceful and family-friendly suburb in the City of Darwin, offering residents a suburban lifestyle with access to essential amenities and a strong sense of community. Situated just a short drive from Darwin’s central business district (CBD), Wagaman provides a convenient and relaxed living environment.

Wagaman is situated approximately 12 kilometres to the north of Darwin’s CBD. Its close proximity allows residents to easily access the city’s amenities while residing in a tranquil suburban setting.

With a population of around 2,000 residents, Wagaman is a diverse and close-knit community. The suburb attracts a mix of families, professionals and retirees, creating a harmonious blend of cultures and backgrounds.

Wagaman enjoys efficient public transportation connectivity, with regular bus services linking it to Darwin’s CBD and neighbouring suburbs. This makes commuting and exploring the city convenient for residents.

The suburb is well-equipped with essential amenities. Families with children have access to quality education through institutions like Wagaman Primary School and Nakara Primary School. The Casuarina Square Shopping Centre has a variety of retail shops, dining options and entertainment facilities.

Wagaman presents a range of recreational opportunities. The suburb features several parks and green spaces, including Wagaman Park and O'Loughlin Catholic College oval, ideal for outdoor activities and family outings. The nearby Casuarina Beach provides a great setting for beachcombing, swimming and picnics. Casuarina Pool is a popular spot for swimming and relaxation.

Wagaman offers a peaceful suburban lifestyle with easy access to essential amenities and recreational opportunities. Its diverse and close-knit community, educational institutions and proximity to Darwin make it an appealing choice for individuals and families seeking a relaxed yet well-connected place to call home in the territory."

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