With a capital gain of -4.63% for the last 12 months, Tiwi, 0810 has performed for property investments than its average annual 4.15% property growth over the last 5 years.
Tiwi,0810 has offered an average of -4.63% return per annum in house price rises to property investors over the last three years.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.73% offered to property buyers. Sellers in Tiwi itself are offering an average vendor discount of -7.04% to real estate investors.
Residents and property investors in Tiwi have been waiting around 57.63 days to sell a property.
Renters in Suburb are facing rents around $6420 per annum or $535 every week.
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.