Suburb Profile Report for Coconut Grove NT (0810)

Coconut Grove House: Median price $700,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $580

Coconut Grove Unit: Median price $460,000, Annual capital growth 7.20%, Number of sales 94, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

While Coconut Grove,0810 ranked number 3rd in NT for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Property investors should expect to get $580 weekly from the median priced house in this suburb.

At number 296th in the list of Australian suburbs ordered by increase in median house value over the last year, Coconut Grove, 0810 is in the top 20% with a property value increase of 12.20% recorded in median house prices.

Comparing Coconut Grove,0810 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Coconut Grove is offering property investors an average of -8.57. This rate of discount on properties puts Suburb at number 7th in terms of most discounted suburbs in NT

At number 1234 in a list of fastest selling suburbs, Coconut Grove is in the bottom 20% of suburbs in Australia with an average of days on market 109 for properties listed there.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

HOUSE UNIT
$700,000 $460,000
6.30% 1.10%
N/A 12.20%
N/A 7.20%
$580 $400
12 94
4.31% 4.52%
N/A 109

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
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