Suburb Profile Report for Tennant Creek NT (0860)

Tennant Creek House: Median price $253,250, Annual capital growth 12.75%, Number of sales 19, Weekly median advertised rent $425

Tennant Creek Unit: Median price $370,000, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Tennant Creek, 0860 have given investors a capital gain of -4.43%. This compares favourably with the -4.98% for NT as a whole.

The five-year average increase in median property values for Tennant Creek,0860 has given property investors a potential capital gain of 17.79% across each of those five years.

In the last year 19 properties changed hands in Tennant Creek, which puts it as the 34th most active market in NT when comparing the number of sales per suburb.

With the median price for a house in Tennant Creek being $253250 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 8.73%

Across a shorter period, Tennant Creek, 0860 has seen a median price increase of -26.00% over the last quarter.

HOUSE UNIT
$253,250 $370,000
-0.35% -26.00%
-4.43% N/A
12.75% N/A
$425 N/A
19 14
8.73% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 3060
Median household income ($/weekly) 1405
Median age of persons 32
Median housing loan repayment ($/monthly) 1000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 466 15.2
    25-34 years 443 14.5
    35-44 years 445 14.5
    45-54 years 416 13.6
    55-64 years 360 11.8
    Others 933 30.5
    Age Group
    Census Count Percent(%)
    Not Married 965 51.4
    Registered Married 608 32.4
    Defacto Relationship 306 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2441 88.6
    Papua New Guinea 49 1.8
    Philippines 47 1.7
    United Kingdom 69 2.5
    Other 42 1.5
    Others 108 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.3
    Christianity 1302 57.2
    Islam 17 0.7
    Australian Aboriginal Traditional Religions 31 1.4
    No Religion 881 38.7
    Others 17 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 61 9.0
    $1,000-$1,249 65 9.6
    $1,500-$1,999 109 16.1
    $2,000-$2,499 80 11.8
    $2,500-$2,999 70 10.3
    Others 292 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 831 44.2
    Not in the labour force 613 32.6
    Employed, worked part-time 226 12.0
    Employed, away from work 121 6.4
    Unemployed, looking for work 89 4.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 144 12.2
    Professionals 226 19.2
    Technicians & trades workers 163 13.8
    Community & personal service workers 194 16.5
    Clerical & administrative workers 175 14.9
    Others 276 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 42 7.7
    Infants/Primary 265 48.5
    Secondary 130 23.8
    Technical or Further Educational Institution 39 7.1
    University or other Tertiary Institutions 49 9.0
    Others 21 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2206 84.6
    Semi-detached, row or terrace house, townhouse 112 4.3
    Flat, unit or apartment 159 6.1
    Caravan, cabin, houseboat 75 2.9
    Improvised home, tent, sleepers out 33 1.3
    Others 23 0.9
    Dwelling Structure
    Census Count Percent(%)
    Rented 482 61.7
    Being purchased 173 22.2
    Fully owned 119 15.2
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals