Wagaman, 0810 ranked 13th in NT when comparing growth in median property values or capital gain over the last 12 months. Wagaman is one of 124 in our list for NT
Taking the average capital gain, or increase in median house value, Wagaman,0810 has racked up an average of 0.36% over the period. This ranks it number 3732th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wagaman, 0810. Typically our figures indicate that -5.65% is being offered, which puts this NT suburb at 1795th most discounted overall in Australia.
In the last year 23 properties changed hands in Wagaman, which puts it as the 30th most active market in NT when comparing the number of sales per suburb.
The NT suburb of Wagaman, 0810 is in the Darwin local government area.
In line with the state’s decline, Wagaman has seen its prices falling over recent years.Full summary
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Just 14km north of Darwin lies the suburb of Wagaman. It is one of the northern suburbs of the capital.
In line with the state’s decline, Wagaman has seen its prices falling over recent years. In the previous year, negative growth of 5.4% was reported, pulling the median house value down to just over $530,000.
However, this may be a blessing in disguise as the decreased prices could spur investor investment, especially with Wagaman’s prime location and returns high at an average of 5.4%. Residents have access to a primary school, a local park and a shopping centre in town, while neighbouring Casuarina and its large shopping hub are within close proximity.Close