Suburb Profile Report for Durack NT (0830)

Durack House: Median price $507,500, Annual capital growth 4.48%, Number of sales 44, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Property value increases in Durack have tracked just higher than the NT average of -4.64% over the last 12 months.

The five-year average increase in median property values for Durack,0830 has given property investors a potential capital gain of 4.64% across each of those five years.

Our latest figures would indicate that property sellers in Durack are currently offering property investors an average price cut of -7.98% below the asking price at the moment.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 5.12%

Metrics i HOUSE UNIT
$507,500 N/A
7.98% N/A
-3.10% N/A
4.48% N/A
$500 N/A
44 N/A
5.12% N/A
132.93 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Durack NT
Demographics
Total population 2873
Median household income ($/weekly) 2166
Median age of persons 28
Median housing loan repayment ($/monthly) 2600
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 322 11.2
    5-14 years 463 16.1
    25-34 years 588 20.4
    35-44 years 465 16.2
    45-54 years 346 12.0
    Others 692 24.1
    Age Group
    Census Count Percent(%)
    Registered Married 1009 54.5
    Not Married 522 28.2
    Defacto Relationship 322 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2272 83.3
    Papua New Guinea 54 2.0
    South Africa 38 1.4
    United Kingdom 136 5.0
    Other 74 2.7
    Others 153 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.7
    Christianity 1658 63.8
    Islam 44 1.7
    Other Religious Groups 9 0.3
    No Religion 835 32.1
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 74 9.7
    $1,500-$1,999 120 15.7
    $2,000-$2,499 140 18.3
    $2,500-$2,999 130 17.0
    $3,000-$3,499 79 10.4
    Others 220 28.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1177 60.0
    Not in the labour force 314 16.0
    Employed, worked part-time 294 15.0
    Employed, away from work 131 6.7
    Unemployed, looking for work 45 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 225 14.1
    Professionals 235 14.7
    Technicians & trades workers 217 13.6
    Community & personal service workers 331 20.7
    Clerical & administrative workers 274 17.1
    Others 319 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 64 8.6
    Infants/Primary 325 43.7
    Secondary 174 23.4
    Technical or Further Educational Institution 38 5.1
    University or other Tertiary Institutions 125 16.8
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2601 96.6
    Flat, unit or apartment 59 2.2
    Improvised home, tent, sleepers out 24 0.9
    Semi-detached, row or terrace house, townhouse 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 510 58.2
    Being purchased 286 32.6
    Fully owned 74 8.4
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals