Suburb Profile Report for Howard Springs NT (0835)

Howard Springs House: Median price $710,000, Annual capital growth 5.66%, Number of sales 38, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Howard Springs, 0835 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NT suburb was 7.66%.

Taking the average capital gain, or increase in median house value, Howard Springs,0835 has racked up an average of 7.66% over the period. This ranks it number 2950th in the whole country for real estate investors looking at median house price increases.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.65% offered to property buyers. Sellers in Howard Springs itself are offering an average vendor discount of -5.35% to real estate investors.

Often selling an investment property can take time, and in Howard Springs the average time real estate has been on the market is 109.76 days.

Advertised rents are around the $600 mark per week – giving a return of 4.39% based on the median price in Suburb

HOUSE UNIT
$710,000 N/A
2.16% N/A
7.66% N/A
5.66% N/A
$600 N/A
38 N/A
4.39% N/A
109.76 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3149
Median household income ($/weekly) 1978
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 441 14.0
    25-34 years 304 9.7
    35-44 years 521 16.5
    45-54 years 543 17.2
    55-64 years 480 15.2
    Others 861 27.3
    Age Group
    Census Count Percent(%)
    Registered Married 975 48.7
    Not Married 687 34.3
    Defacto Relationship 340 17.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2261 85.6
    Papua New Guinea 52 2.0
    Philippines 21 0.8
    United Kingdom 138 5.2
    Other 65 2.5
    Others 105 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.6
    Christianity 1670 66.5
    Islam 6 0.2
    Other Religious Groups 7 0.3
    No Religion 805 32.1
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 107 13.4
    $2,000-$2,499 129 16.1
    $2,500-$2,999 93 11.6
    $3,000-$3,499 70 8.7
    $4,000 or more 63 7.9
    Others 339 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1117 52.2
    Not in the labour force 502 23.5
    Employed, worked part-time 348 16.3
    Employed, away from work 126 5.9
    Unemployed, looking for work 47 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 209 13.2
    Professionals 251 15.8
    Technicians & trades workers 325 20.5
    Clerical & administrative workers 262 16.5
    Labourers 142 9.0
    Others 397 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 35 5.5
    Infants/Primary 239 37.8
    Secondary 215 34.0
    Technical or Further Educational Institution 47 7.4
    University or other Tertiary Institutions 82 13.0
    Others 14 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2497 94.5
    Caravan, cabin, houseboat 118 4.5
    Improvised home, tent, sleepers out 17 0.6
    Flat, unit or apartment 10 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 414 45.8
    Fully owned 303 33.6
    Rented 180 19.9
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals