Tiwi has had a pretty good year for property investment returns compared to the rest of NT, giving investors a capital gain of -2.39% to date .
Taking the average capital gain, or increase in median house value, Tiwi,0810 has racked up an average of -2.39% over the period. This ranks it number 3801th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.32% to buyers in Tiwi at the moment, which is less than average for the rest of NT.
Situated 11.65km from the CBD, Tiwi is one of Darwin localities in the postcode 0810.
Home to the Royal Darwin Hospital, Tiwi is 11km north of the Darwin CBD and adjacent to the Dripstone Park coastal reserve.Full summary
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Home to the Royal Darwin Hospital, Tiwi is 11km north of the Darwin CBD and adjacent to the Dripstone Park coastal reserve.
The Charles Darwin University is close by in Brinkin, and a sizeable shopping centre is in nearby Casuarina. Like the rest of northern Darwin, the only public transport options to the CBD are via bus.
Seventy-one per cent of properties in the suburb are separate houses, and median prices compare favourably to nearby Rapid Creek, and Nakara.
Land parcels are quite large within Tiwi, with many houses often residing on 800m2 or more. This suggests subdivision or development potential.