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Bayview
AREA REPORTS

Bayview

Bayview - SUBURB PROFILE REPORT
POSTAL CODE: NT, 820

house
unit

Property investors enjoyed capital gains of 19.66% over the last 12 months in BAYVIEW, translating to lower returns compared with its peers in NT.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NT suburb obtained a 16.98% growth over a ten-year period. It ranks 3448th on our list of suburbs that property investors should look into.

BAYVIEW, 820 has a capital gain of 19.66% for the past year, which is higher than average compared to its 5% growth within a five-year period.

With the median home price in BAYVIEW sitting at $1,050,000, and the average rent at $800, property owners could potentially earn a 3.96% increase in gross rental yield.

A 19.66% increase in median property prices in BAYVIEW, 820 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 10th.

BAYVIEW, 820 in NT belongs to the local government area of Darwin (C).

Data report can be found below

Bayview
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,050,000 $500,000
GROWTH REPORT
Median Quarterly N/A 8.11%
Median 12 month 19.66% 45.56%
Median 3 years N/A -1.96%
Median 5 years 5% -9.09%
10 years average annual 16.98% -1.64%
Weekly media advert. rent $800 $575
Time on Market 0.0 days 78.3 days
Gross Rental Yield Percent 3.96% 5.98%
demographics (median values)*
Total Population
19447
Weekly Household Income
2341
Household Size
2.40
Age
34
Monthly Loan Repayment
2321
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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