Suburb Profile Report for Stuart Park NT (0820)

Stuart Park House: Median price $720,000, Annual capital growth 3.77%, Number of sales 17, Weekly median advertised rent $600

Stuart Park Unit: Median price $435,000, Annual capital growth 5.10%, Number of sales 54, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Stuart Park, 0820 ranked 11th in NT when comparing growth in median property values or capital gain over the last 12 months. Stuart Park is one of 124 in our list for NT

Across a shorter period, Stuart Park, 0820 has seen a median price increase of 2.86% over the last quarter.

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 Stuart Park, 0820. Typically our figures indicate that -10.51% is being offered, which puts this NT suburb at 272th most discounted overall in Australia.

Often selling an investment property can take time, and in Stuart Park the average time real estate has been on the market is 122.8 days.

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

Investment property in Stuart Park 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 -16.37%

Stuart Park,0820 was ranked 1634 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Stuart Park is offering property investors an average of -8.64. This rate of discount on properties puts Suburb at number 3rd in terms of most discounted suburbs in NT

With the median price for a house in Stuart Park being $435000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.38%

Information supplied by:




M
O

W
E
Stuart Park is just a short walk north of the Darwin CBD, and is one of our top picks for the Northern Territory. Full summary

Stuart Park is just a short walk north of the Darwin CBD, and is one of our top picks for the Northern Territory.

It’s within easy access of the amenities of the city centre, and just a short drive or bus ride to the airport. Amenities are limited to a few shops in a small shopping centre on the Stuart Highway, but the amenities of the CBD are within easy reach.

Units are quite affordable compared to The Gardens, for example. Rental yields are also excellent, as you’d expect from a Darwin suburb. Cash flow positive purchases are very possible, too. Locals recommend Duke Street and Tipperary Crescent for water views.

Stuart Park has shown impressive capital growth in the past. Darwin market is proving volatile at present – not least due to affordability issues. Investors would be well advised to invest for rental yield in the short term, and treat any capital growth as a bonus in the short term.

Close
Metrics i HOUSE UNIT
$720,000 $435,000
2.86% -9.84%
-0.62% -16.37%
3.77% 5.10%
$600 $450
17 54
4.33% 5.38%
122.8 134.46

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Stuart Park NT
Demographics
Total population 3748
Median household income ($/weekly) 1866
Median age of persons 32
Median housing loan repayment ($/monthly) 2025
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 434 11.6
    25-34 years 966 25.8
    35-44 years 584 15.6
    45-54 years 530 14.1
    55-64 years 391 10.4
    Others 843 22.5
    Age Group
    Census Count Percent(%)
    Not Married 1338 49.0
    Registered Married 859 31.4
    Defacto Relationship 535 19.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2310 69.1
    Papua New Guinea 123 3.7
    Philippines 127 3.8
    United Kingdom 177 5.3
    Other 175 5.2
    Others 431 12.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 2.9
    Christianity 1859 58.8
    Hinduism 69 2.2
    Islam 49 1.5
    No Religion 1056 33.4
    Others 37 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 123 9.9
    $1,500-$1,999 184 14.8
    $2,000-$2,499 149 12.0
    $2,500-$2,999 167 13.5
    $3,000-$3,499 107 8.6
    Others 511 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1836 62.6
    Not in the labour force 475 16.2
    Employed, worked part-time 409 13.9
    Employed, away from work 149 5.1
    Unemployed, looking for work 64 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 327 13.6
    Professionals 584 24.4
    Technicians & trades workers 353 14.7
    Community & personal service workers 290 12.1
    Clerical & administrative workers 375 15.6
    Others 468 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 41 6.3
    Infants/Primary 165 25.4
    Secondary 122 18.8
    Technical or Further Educational Institution 67 10.3
    University or other Tertiary Institutions 216 33.3
    Others 38 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1080 32.8
    Semi-detached, row or terrace house, townhouse 823 25.0
    Flat, unit or apartment 1316 40.0
    Caravan, cabin, houseboat 42 1.3
    Improvised home, tent, sleepers out 25 0.8
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 793 57.0
    Being purchased 382 27.4
    Fully owned 209 15.0
    Other tenure type 8 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals