Suburb Profile Report for Bayview NT (0820)

Bayview House: Median price $1,000,000, Annual capital growth 13.64%, Number of sales 10, Weekly median advertised rent $888

Bayview Unit: Median price $525,000, Annual capital growth 5.47%, Number of sales 10, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2170th in the list of Australian suburbs ordered by increase in median house value over the last year, Bayview, 0820 is in the BOTTOM 50% with a property value increase of 4.17% recorded in median house prices.

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

Using the current median advertised rental of $887.5 and the average annual increase in value of a median property of 13.64%, investors should hope to achieve an overall return of 4.62%

Investment property in Bayview has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -20.33%

A -5.15% growth in median value for property investors in Bayview,0820 puts this suburb at number 18th in terms of best performing suburbs in NT

Metrics i HOUSE UNIT
$1,000,000 $525,000
2.04% -4.55%
4.17% -20.33%
13.64% 5.47%
$888 $600
10 10
4.62% 5.94%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (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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Recent sales & rentals