Suburb Profile Report for Driver NT (0830)

Driver House: Median price $450,000, Annual capital growth 5.03%, Number of sales 26, Weekly median advertised rent $450

Driver Unit: Median price $295,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -12.54% for the last year, Driver, 0830 is the 3930th highest performer in Australia in this respect.

The five-year average increase in median property values for Driver,0830 has given property investors a potential capital gain of 2.27% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Driver is offering property investors an average of -7.65. This rate of discount on properties puts Suburb at number 29th in terms of most discounted suburbs in NT

Situated 14.81km from the CBD, Driver is one of Palmerston localities in the postcode 0830.

HOUSE UNIT
$450,000 $295,000
-4.76% N/A
-12.54% N/A
5.03% N/A
$450 $350
26 10
5.20% 6.17%
142.25 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2958
Median household income ($/weekly) 1757
Median age of persons 28
Median housing loan repayment ($/monthly) 2076
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 281 9.5
    5-14 years 503 17.0
    25-34 years 533 18.0
    35-44 years 472 16.0
    45-54 years 389 13.1
    Others 781 26.4
    Age Group
    Census Count Percent(%)
    Registered Married 756 41.4
    Not Married 747 40.9
    Defacto Relationship 325 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2090 80.9
    Indonesia 87 3.4
    Papua New Guinea 69 2.7
    Philippines 71 2.7
    United Kingdom 98 3.8
    Others 168 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 2.0
    Christianity 1394 56.7
    Hinduism 82 3.3
    Islam 23 0.9
    No Religion 899 36.6
    Others 12 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 64 8.3
    $1,250-$1,499 74 9.6
    $1,500-$1,999 127 16.4
    $2,000-$2,499 124 16.0
    $2,500-$2,999 109 14.1
    Others 276 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1073 56.2
    Not in the labour force 380 19.9
    Employed, worked part-time 273 14.3
    Employed, away from work 118 6.2
    Unemployed, looking for work 64 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 148 10.1
    Professionals 188 12.9
    Technicians & trades workers 279 19.1
    Community & personal service workers 205 14.0
    Clerical & administrative workers 261 17.9
    Others 380 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 57 8.2
    Infants/Primary 273 39.5
    Secondary 205 29.6
    Technical or Further Educational Institution 42 6.1
    University or other Tertiary Institutions 93 13.4
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1896 73.1
    Flat, unit or apartment 380 14.6
    Semi-detached, row or terrace house, townhouse 318 12.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 411 47.0
    Being purchased 371 42.4
    Fully owned 93 10.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals