Suburb Profile
Marrara - FREE SUBURB PROFILE REPORT POSTAL CODE: NT,812
Marrara - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,812
house
unit
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 $651,000.
Average weekly rents on listings have reached the $640 mark, reflecting a 5.11% increase in returns based on the current median price in MARRARA.
An average of 1.17 real estate transactions take place per month in MARRARA which translates to 14 per annum.
14 properties were sold in MARRARA in 2016, making it the 48th most active market in NT based on total real estate transactions.
MARRARA, 812 places 41st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $651,000 | $294,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.96% | -13.53% |
| Median 12 month | N/A | N/A |
| Median 3 years | N/A | -28.29% |
| Median 5 years | -11.43% | -32.02% |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | $640 | $375 |
| Time on Market | 89.0 days | 0.0 days |
| Gross Rental Yield Percent | 5.11% | 6.63% |
demographics (median values)
Total Population
1402
Weekly Household Income
1310
Household Size
2.30
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Marrara, NT
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