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Woolner

POSTAL CODE: NT, 820
HOUSE
UNIT

Property investments in WOOLNER fare well against the rest of the country last year, registering a median home price increase of 0%.

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

Based on its average 5-year and quarterly capital gains WOOLNER, 820 saw average growth in the long term.

Real estate investors could earn a rental income of $812.5 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 44.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $601,500.

WOOLNER ranks 10th on the list of best yielding suburbs for rental properties in NT, posting a 7.02% return.

Surburb overview

"Woolner, with the postcode 820, is a modern and strategically located suburb of Darwin, the capital city of the Northern Territory, Australia. Positioned as a prime residential and commercial area, Woolner offers a blend of urban living with the convenience of proximity to Darwin’s central business district (CBD). This overview provides a snapshot of Woolner, incorporating the latest information available.

Woolner is exceptionally well-located, being just about three kilometres away from Darwin’s CBD. This proximity allows for easy and quick access to the city’s commercial, entertainment, and leisure facilities, making Woolner a popular choice for professionals, families, and individuals seeking an urban lifestyle with the benefits of suburban space and comfort.

Woolner is characterised by a diverse population that includes a mix of young professionals, families, and older residents. The suburb’s demographic diversity is reflected in its residential offerings, from high-density apartment complexes to single-family homes. The community is known for its vibrant and inclusive atmosphere, with residents benefiting from a high quality of life and access to a range of amenities.

Woolner falls under the jurisdiction of the City of Darwin, which manages local governance and community services. The City of Darwin Council is active in developing infrastructure, parks, and community programs to support the growing population and enhance the suburb’s appeal.

The suburb is well-serviced by Darwin’s public transportation network, with bus routes providing convenient access to the CBD and other parts of the city. The availability of public transport makes commuting efficient for Woolner’s residents.

Woolner is close to a variety of establishments, including schools, shopping centres, and healthcare facilities. The suburb is adjacent to the Parap Village Shopping Precinct, known for its weekly markets, specialty shops, and dining options. Additionally, Woolner is near several parks and recreational areas, offering residents outdoor activities and spaces for relaxation.

The suburb’s location near the coast and the Fannie Bay area provides opportunities for waterfront activities, including fishing, sailing, and enjoying scenic views. Woolner also benefits from nearby green spaces and sports facilities, catering to a range of recreational interests and promoting an active lifestyle.

In summary, Woolner represents a dynamic and desirable suburb of Darwin, offering the perfect balance of urban accessibility and suburban quality of life. Its strategic location, combined with the diversity of its population and the richness of local amenities, makes Woolner an attractive option for those looking to enjoy the best of Darwin’s vibrant community. "

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