Suburb Profile Report for The Gardens NT (0820)

The Gardens Unit: Median price $468,000, Annual capital growth 4.19%, Number of sales 12, Weekly median advertised rent $450

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

Source: CoreLogic

  • Unit Report

Investment property in The Gardens 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 -14.75%

In the last year 12 properties changed hands in The Gardens, which puts it as the 23th most active market in NT when comparing the number of sales per suburb.

With the median price for a house in The Gardens being $468000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.00%

Metrics i HOUSE UNIT
N/A $468,000
N/A N/A
N/A -14.75%
N/A 4.19%
N/A $450
N/A 12
N/A 5.00%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 742
Median household income ($/weekly) 1868
Median age of persons 30
Median housing loan repayment ($/monthly) 2253
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 92 12.4
    15-19 years 107 14.4
    25-34 years 149 20.1
    35-44 years 104 14.0
    55-64 years 76 10.2
    Others 214 28.8
    Age Group
    Census Count Percent(%)
    Not Married 201 47.5
    Registered Married 129 30.5
    Defacto Relationship 93 22.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 526 78.6
    Iraq 12 1.8
    Philippines 12 1.8
    United Kingdom 28 4.2
    Other 43 6.4
    Others 48 7.2
    Country of Birth
    Census Count Percent(%)
    Christianity 408 63.1
    No Religion 216 33.4
    Buddhism 10 1.5
    Hinduism 8 1.2
    Judaism 5 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 15 7.2
    $1,500-$1,999 39 18.8
    $2,000-$2,499 24 11.5
    $2,500-$2,999 29 13.9
    $3,000-$3,499 15 7.2
    Others 86 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 281 50.6
    Not in the labour force 163 29.4
    Employed, worked part-time 72 13.0
    Employed, away from work 31 5.6
    Unemployed, looking for work 8 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 56 14.7
    Professionals 99 26.0
    Technicians & trades workers 55 14.4
    Community & personal service workers 39 10.2
    Clerical & administrative workers 69 18.1
    Others 63 16.5
    Occupation
    Census Count Percent(%)
    Secondary 126 61.8
    University or other Tertiary Institutions 33 16.2
    Infants/Primary 27 13.2
    Pre-school 10 4.9
    Technical or Further Educational Institution 8 3.9
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 252 51.1
    Flat, unit or apartment 221 44.8
    Separate house 11 2.2
    Improvised home, tent, sleepers out 9 1.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 141 60.5
    Being purchased 58 24.9
    Fully owned 29 12.4
    Other tenure type 5 2.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals