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Zuccoli

POSTAL CODE: NT, 832
HOUSE

ZUCCOLI, 832 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NT have risen as a whole, pulling ZUCCOLI, 832 values up and netting property investors a capital gain of 14.04% for the past year.

Investors saw the median home price rise to $650,000.

Profits due to an upward trend in home prices in the suburb averaged 5.19% per annum over a 3-year period.

ZUCCOLI now ranks at the 22nd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $750 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ZUCCOLI, homes and units usually stay on listing for an average of 43.8 days.

In 2016, 241 properties were sold in ZUCCOLI during the past year, making it the 44th most active market in NT based on total real estate transactions.

Surburb overview

"Zuccoli, with the postcode 832, is a relatively new and rapidly growing suburb located in the Northern Territory of Australia, within the Palmerston region. This overview captures the essence of Zuccoli, incorporating the latest information available.

Zuccoli is strategically situated approximately 25 kilometres southeast of Darwin’s central business district (CBD), making it an appealing choice for residents who wish to enjoy a blend of suburban tranquillity and convenient access to the city’s amenities and employment opportunities.

As one of the newer suburbs in the Palmerston area, Zuccoli has been attracting a diverse population of young families, professionals, and couples drawn by its modern housing, community facilities, and the promise of growth. The suburb is characterised by a vibrant and dynamic demographic, with a significant portion of residents being young families and children, which shapes the community’s focus on education, recreation, and family-friendly activities.

Zuccoli falls within the City of Palmerston, which is responsible for the suburb’s local governance. The Palmerston City Council is actively involved in developing infrastructure, community services, and amenities to support the growing population and enhance the quality of life for residents.

Public transportation services in Zuccoli are developing, with bus routes connecting the suburb to the Palmerston city centre and Darwin CBD. These services facilitate ease of access for residents commuting for work or leisure.

Zuccoli Plaza serves as a central hub for the community, offering a supermarket, specialty shops, and dining options. The suburb is also close to several schools, childcare centres, and healthcare facilities, catering to the needs of its residents. Additionally, Zuccoli is near several parks and green spaces, including planned community parks and playgrounds within the suburb, promoting outdoor activities and family time.

Zuccoli is designed with a focus on outdoor living and community engagement. Walking and cycling paths, green spaces, and playgrounds are integral to the suburb’s layout, encouraging an active and social lifestyle. The proximity to natural attractions and the greater Palmerston area also provides residents with various options for leisure and recreational activities.

In summary, Zuccoli represents a burgeoning community that offers a contemporary suburban lifestyle with the advantages of proximity to urban centres. Its focus on family-oriented living, combined with the ongoing development of amenities and infrastructure, makes Zuccoli a promising and desirable place to live for those seeking a balance of modern convenience and natural beauty. "

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