Suburb Profile Report for Bayview NT (0820)

Bayview House: Median price $980,000, Annual capital growth 14.46%, Number of sales 10, Weekly median advertised rent $900

Bayview Unit: Median price $550,000, Annual capital growth 4.38%, Number of sales 11, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Bayview, 0820 have given investors a capital gain of -18.33%. This compares very badly with the -5.07% for NT as a whole.

Bayview,0820 was ranked 3291 in Australia by increase in median property value over the quarter.

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

A $900 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 14.46%.

Bayview has had a quite poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -19.12% to date .

Taking the average capital gain, or increase in median house value, Bayview,0820 has racked up an average of -19.12% over the period. This ranks it number 1638th in the whole country for real estate investors looking at median house price increases.

The NT suburb of Bayview, 0820 is in the Darwin local government area.

HOUSE UNIT
$980,000 $550,000
-2.00% 4.02%
-18.33% -19.12%
14.46% 4.38%
$900 $600
10 11
4.78% 5.67%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 1522
Median household income ($/weekly) 2646
Median age of persons 33
Median housing loan repayment ($/monthly) 2577
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 191 12.5
    25-34 years 281 18.4
    35-44 years 257 16.9
    45-54 years 266 17.5
    55-64 years 138 9.1
    Others 391 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 535 51.1
    Not Married 339 32.4
    Defacto Relationship 173 16.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1075 77.4
    Hong Kong 22 1.6
    Papua New Guinea 51 3.7
    United Kingdom 69 5.0
    Other 61 4.4
    Others 111 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 2.3
    Christianity 914 68.6
    Hinduism 13 1.0
    Other Religious Groups 6 0.5
    No Religion 365 27.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 60 13.9
    $2,000-$2,499 51 11.8
    $2,500-$2,999 80 18.5
    $3,000-$3,499 63 14.6
    $4,000 or more 70 16.2
    Others 108 25.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 745 65.8
    Employed, worked part-time 157 13.9
    Not in the labour force 150 13.3
    Employed, away from work 63 5.6
    Unemployed, looking for work 17 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 221 22.9
    Professionals 234 24.2
    Technicians & trades workers 119 12.3
    Community & personal service workers 123 12.7
    Clerical & administrative workers 154 16.0
    Others 114 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 19 5.5
    Infants/Primary 117 33.6
    Secondary 105 30.2
    Technical or Further Educational Institution 15 4.3
    University or other Tertiary Institutions 83 23.9
    Others 9 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 660 48.1
    Semi-detached, row or terrace house, townhouse 380 27.7
    Flat, unit or apartment 300 21.8
    Caravan, cabin, houseboat 33 2.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 258 50.0
    Being purchased 160 31.0
    Fully owned 98 19.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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