NT/
Marrara

Suburb Profile

Marrara - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,812

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MARRARA, 812 ranks 1042nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.93% for property investors.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $695,000.

Average weekly rents on listings have reached the $630 mark, reflecting a 4.71% increase in returns based on the current median price in MARRARA.

An average of 0.92 real estate transactions take place per month in MARRARA which translates to 11 per annum.

11 properties were sold in MARRARA in 2016, making it the 52nd most active market in NT based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $695,000 $335,000
GROWTH REPORT
Median Quarterly N/A -6.29%
Median 12 month 13.93% N/A
Median 3 years N/A -22.99%
Median 5 years -10.26% -21.18%
10 years average annual 4.52% N/A
Weekly media advert. rent $630 $355
Time on Market 0.0 days 171.6 days
Gross Rental Yield Percent 4.71% 5.51%
demographics (median values)
Total Population
1402
Weekly Household Income
1310
Household Size
2.30
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Marrara, NT
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