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Larrakeyah
AREA REPORTS

Larrakeyah

Larrakeyah - SUBURB PROFILE REPORT
POSTAL CODE: NT, 820

unit

Based on its average 5-year and quarterly capital gains LARRAKEYAH, 820 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 the NT suburb obtained a -1.5% decrease over a ten-year period. It ranks 1777th on our list of suburbs that property investors should look into.

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

LARRAKEYAH, 820 has a capital gain of -1.79% for the past year, which is higher than average compared to its -16.74% growth within a five-year period.

With the median home price in LARRAKEYAH sitting at $383,000, and the average rent at $430, property owners could potentially earn a 5.84% increase in gross rental yield.

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

A -1.79% increase in median property prices in LARRAKEYAH, 820 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 17th.

Data report can be found below

Larrakeyah
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $383,000
GROWTH REPORT
Median Quarterly N/A 10.37%
Median 12 month N/A -1.79%
Median 3 years N/A -8.81%
Median 5 years N/A -16.74%
10 years average annual N/A -1.5%
Weekly media advert. rent N/A $430
Time on Market N/A 89.2 days
Gross Rental Yield Percent N/A 5.84%
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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