NT has seen average median house prices change by -5.23% which means that Tiwi, 0810 has not done well for property investors by showing a capital gain of 3.94% over the last year
Tiwi,0810 has offered an average of 3.94% return per annum in house price rises to property investors over the last three years.
With the median price for a house in Tiwi being $527500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.93%
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.