Suburb Profile Report for Marrara NT (0812)

Marrara Unit: Median price $360,000, Annual capital growth 3.43%, Number of sales 14, Weekly median advertised rent $375

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

Source: CoreLogic

  • Unit Report

Marrara has had a very poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -18.18% to date .

Marrara0812 is located in NT which offers an average discount of -8.64% to property investors. Marrara itself is showing figures that indicate -12.98% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $375 and the average annual increase in value of a median property of 3.43%, investors should hope to achieve an overall return of 5.42%

Metrics i HOUSE UNIT
N/A $360,000
N/A N/A
N/A -18.18%
N/A 3.43%
N/A $375
N/A 14
N/A 5.42%
N/A 181.83

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1444
Median household income ($/weekly) 1732
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 164 11.3
    25-34 years 175 12.1
    35-44 years 190 13.1
    45-54 years 253 17.5
    55-64 years 269 18.6
    Others 394 27.3
    Age Group
    Census Count Percent(%)
    Registered Married 503 47.7
    Not Married 391 37.1
    Defacto Relationship 161 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1000 75.0
    Papua New Guinea 41 3.1
    Philippines 34 2.5
    United Kingdom 77 5.8
    Other 56 4.2
    Others 126 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 2.4
    Christianity 850 67.8
    Hinduism 9 0.7
    Islam 15 1.2
    No Religion 340 27.1
    Others 10 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 46 8.9
    $1,000-$1,249 48 9.3
    $1,500-$1,999 85 16.5
    $2,000-$2,499 62 12.0
    $2,500-$2,999 50 9.7
    Others 225 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 619 56.1
    Not in the labour force 221 20.0
    Employed, worked part-time 165 14.9
    Employed, away from work 75 6.8
    Unemployed, looking for work 24 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 122 14.2
    Professionals 155 18.1
    Technicians & trades workers 119 13.9
    Community & personal service workers 77 9.0
    Clerical & administrative workers 189 22.0
    Others 196 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 25 8.7
    Infants/Primary 102 35.7
    Secondary 70 24.5
    Technical or Further Educational Institution 26 9.1
    University or other Tertiary Institutions 56 19.6
    Others 7 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 610 45.9
    Semi-detached, row or terrace house, townhouse 364 27.4
    Caravan, cabin, houseboat 209 15.7
    Flat, unit or apartment 137 10.3
    House or flat attached to a shop, office 8 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 191 33.7
    Fully owned 187 33.0
    Being purchased 181 32.0
    Other tenure type 7 1.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals