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Marlow Lagoon

POSTAL CODE: NT, 830
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 0% capital gain.

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 $890,000.

Profits due to an upward trend in home prices there averaged 0% per annum over a 3-year period.

Home owners selling their properties and realtors in MARLOW LAGOON usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MARLOW LAGOON.

MARLOW LAGOON, 830 places 36th in Australia based on median property value growth during the quarter.

Surburb overview

"Marlow Lagoon is an outer western suburb of Palmerston, located 24 kilometres south-east of Darwin’s central business district (CBD) and approximately 4.3 kilometres from Palmerston. With a population of 721 as per the 2016 census, the suburb has a sense of community while maintaining a low-density living environment. Marlow Lagoon encompasses an area of about 5.2 square kilometres, with one park covering nearly 9.7 per cent of its total area, offering residents ample green space for recreational activities.

The suburb primarily attracts families, with a notable proportion of households consisting of couples with children. These households are likely to be engaged in managerial occupations, reflecting the suburb’s middle- to upper-middle-class demographic. Home ownership is high, with the percentage of owner-occupied homes increasing from 82.2 per cent in 2011 to 84.6 per cent in 2016, indicating a stable and invested community. The median sale price for houses in Marlow Lagoon is reported at $840,000, with the area experiencing a quarterly growth of +3.83 per cent. This suggests a healthy real estate market with potential for investment or finding a family home.

Residents of Marlow Lagoon enjoy a blend of urban convenience and natural beauty, contributing to a high quality of life in the Northern Territory. The area’s demographic trends and real estate market data underscore Marlow Lagoon’s appeal as a desirable location for families and professionals seeking a balance between city and suburban living. "

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