Suburb Profile Report for Araluen NT (0870)

Araluen House: Median price $555,000, Annual capital growth 6.65%, Number of sales 22, Weekly median advertised rent $550

Araluen Unit: Median price $435,000, Annual capital growth 6.51%, Number of sales 14, Weekly median advertised rent $405

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Araluen, 0870 have given investors a capital gain of 15.63%. This compares very favourably with the -4.85% for NT as a whole.

Comparing Araluen,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Araluen should be aiming for at least -4.95% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Araluen the average time real estate has been on the market is 118.09 days.

Advertised rents are around the $550 mark per week – giving a return of 5.15% based on the median price in Suburb

NT has seen average median house prices change by -2.49% which means that Araluen, 0870 has not done well for property investors by showing a capital gain of 10.55% over the last year

Taking the average capital gain, or increase in median house value, Araluen,0870 has racked up an average of 10.55% over the period. This ranks it number 539th in the whole country for real estate investors looking at median house price increases.

Metrics i HOUSE UNIT
$555,000 $435,000
3.79% 16.00%
15.63% 10.55%
6.65% 6.51%
$550 $405
22 14
5.15% 4.84%
118.09 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2695
Median household income ($/weekly) 1881
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 408 15.1
    25-34 years 412 15.3
    35-44 years 431 16.0
    45-54 years 430 15.9
    55-64 years 281 10.4
    Others 734 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 808 45.8
    Not Married 717 40.6
    Defacto Relationship 241 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1909 77.4
    Papua New Guinea 75 3.0
    United Kingdom 86 3.5
    United States of America 72 2.9
    Other 109 4.4
    Others 216 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.6
    Christianity 1619 69.0
    Hinduism 9 0.4
    Other Religious Groups 19 0.8
    No Religion 671 28.6
    Others 16 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 63 8.4
    $1,500-$1,999 128 17.0
    $2,000-$2,499 98 13.0
    $2,500-$2,999 100 13.3
    $3,000-$3,499 75 9.9
    Others 290 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1056 55.6
    Not in the labour force 407 21.4
    Employed, worked part-time 310 16.3
    Employed, away from work 95 5.0
    Unemployed, looking for work 31 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 11.8
    Professionals 349 23.9
    Technicians & trades workers 186 12.7
    Community & personal service workers 226 15.4
    Clerical & administrative workers 226 15.4
    Others 304 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 41 6.4
    Infants/Primary 260 40.6
    Secondary 189 29.5
    Technical or Further Educational Institution 46 7.2
    University or other Tertiary Institutions 80 12.5
    Others 24 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1924 81.1
    Flat, unit or apartment 336 14.2
    Caravan, cabin, houseboat 71 3.0
    Semi-detached, row or terrace house, townhouse 37 1.6
    Improvised home, tent, sleepers out 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 368 43.3
    Rented 334 39.3
    Fully owned 144 16.9
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals