Powered by MOMENTUM MEDIA
AREA REPORTS

Bakewell

Suburb Profile

Bakewell - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,832

house
unit

Property investors have seen a 0% gain in BAKEWELL based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BAKEWELL, 832 saw average growth in the long term.

The NT 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 $390,000

Profits averaged -5.96% per annum over a 3-year period, due to an downward trend in home prices in BAKEWELL, 832.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in BAKEWELL, 832 is 5.33%.

An average of 1.75 real estate transactions take place per month in BAKEWELL which translates to 21 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 $220,000
GROWTH REPORT
Median Quarterly 0% -6.38%
Median 12 month 5.41% -6.38%
Median 3 years -17.89% -26.42%
Median 5 years -25.36% -45.27%
10 years average annual -0.62% -3.49%
Weekly media advert. rent $400 $330
Time on Market 99.7 days 71.2 days
Gross Rental Yield Percent 5.33% 7.8%
demographics (median values)
Total Population
2991
Weekly Household Income
1254
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Negative interest rates out of the question: RBA

The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...

Home-lending backdrop to slow slide in property prices

Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in ho...

Construction spikes before virus shock

The number of dwellings approved for construction in February jumped by almost 20 per cent when compared with January, highlighting the stre...

Andrew Wallace MP

Homelessness inquiry suspended

The House of Representatives standing committee on social policy and legal affairs has agreed to suspend its inquiry into homelessness in Au...

Ross McEwan

COVID-19 will have ‘dramatic effect’ on mortgage process

The rapid move to support digital mortgages amid the coronavirus pandemic “will have a dramatic effect” on how people will transact on m...

crack in house property

Property rises, but cracks appear

The Australian property market has grown throughout the last quarter although it is showing signs of cracking with a weak second half of the...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.