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Woodroffe
AREA REPORTS

Woodroffe

Woodroffe - SUBURB PROFILE REPORT
POSTAL CODE: NT, 830

house

A 13.73% increase in median property prices in WOODROFFE, 830 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 22nd.

It 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 $381,000

The augmented property values in the suburb are trailing above the territorial average of 11.91% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $440.

Home owners selling their properties and realtors in WOODROFFE usually have to wait an average of 88.2 days days before their assets are lifted off the market.

The NT suburb ranks 12th on the list of best yielding suburbs for rental properties in NT, posting a 6.01% return.

It also places places 24th in Australia based on median property value growth during the quarter.

Data report can be found below

Woodroffe
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $381,000 N/A
GROWTH REPORT
Median Quarterly 4.38% N/A
Median 12 month 13.73% N/A
Median 3 years 2.97% N/A
Median 5 years -15.61% N/A
10 years average annual -1.11% N/A
Weekly media advert. rent $440 N/A
Time on Market 88.2 days N/A
Gross Rental Yield Percent 6.01% N/A
demographics (median values)*
Total Population
18207
Weekly Household Income
2035
Household Size
2.80
Age
31
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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