Suburb Profile Report for Coconut Grove NT (0810)

Coconut Grove House: Median price $658,500, Annual capital growth 6.23%, Number of sales 14, Weekly median advertised rent $595

Coconut Grove Unit: Median price $455,000, Annual capital growth 8.06%, Number of sales 49, Weekly median advertised rent $405

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Coconut Grove, 0810 ranked 43th in NT when comparing growth in median property values or capital gain over the last 12 months. Coconut Grove is one of 124 in our list for NT

Across a shorter period, Coconut Grove, 0810 has seen a median price increase of -16.27% over the last quarter.

NT has seen average median house prices change by -5.59% which means that Coconut Grove, 0810 has not done well for property investors by showing a capital gain of 10.67% over the last year

If we look at median property appreciation over just the last three months, Coconut Grove has given property investors a paper return of 2.71%. This puts Suburb as 6 on a list of fastest fasting appreciating suburbs in NT

Our latest figures would indicate that property sellers in Coconut Grove are currently offering property investors an average price cut of -8.02% below the asking price at the moment.

Using the current median advertised rental of $405 and the average annual increase in value of a median property of 8.06%, investors should hope to achieve an overall return of 4.63%

HOUSE UNIT
$658,500 $455,000
-16.27% 2.71%
-12.20% 10.67%
6.23% 8.06%
$595 $405
14 49
4.70% 4.63%
N/A 137.07

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2849
Median household income ($/weekly) 1355
Median age of persons 34
Median housing loan repayment ($/monthly) 1900
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 261 9.2
    25-34 years 642 22.5
    35-44 years 414 14.5
    45-54 years 375 13.2
    55-64 years 307 10.8
    Others 852 29.9
    Age Group
    Census Count Percent(%)
    Not Married 1038 51.8
    Registered Married 675 33.7
    Defacto Relationship 291 14.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1596 63.7
    Indonesia 78 3.1
    Philippines 169 6.7
    United Kingdom 106 4.2
    Other 194 7.7
    Others 363 14.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 95 4.0
    Christianity 1404 58.9
    Hinduism 59 2.5
    Islam 55 2.3
    No Religion 748 31.4
    Others 24 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 87 8.7
    $1,000-$1,249 88 8.8
    $1,250-$1,499 91 9.1
    $1,500-$1,999 160 16.0
    $2,000-$2,499 109 10.9
    Others 464 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1036 48.9
    Not in the labour force 575 27.1
    Employed, worked part-time 326 15.4
    Employed, away from work 98 4.6
    Unemployed, looking for work 83 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 12.0
    Professionals 336 23.0
    Technicians & trades workers 216 14.8
    Community & personal service workers 164 11.2
    Clerical & administrative workers 222 15.2
    Others 348 23.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 151 30.3
    Secondary 108 21.7
    Technical or Further Educational Institution 36 7.2
    University or other Tertiary Institutions 153 30.7
    Other type of educational institution 27 5.4
    Others 23 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1098 44.6
    Separate house 796 32.3
    Semi-detached, row or terrace house, townhouse 563 22.9
    Improvised home, tent, sleepers out 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 656 60.3
    Being purchased 286 26.3
    Fully owned 140 12.9
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals