Suburb Profile Report for Araluen NT (0870)

Araluen House: Median price $529,500, Annual capital growth 6.67%, Number of sales 20, Weekly median advertised rent $550

Araluen Unit: Median price $362,500, Annual capital growth 5.40%, Number of sales 16, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Araluen, 0870 ranked 7th in NT when comparing growth in median property values or capital gain over the last 12 months. Araluen is one of 124 in our list for NT

When looking at the potential capital gains offered to property investors over the last 3 years, Araluen comes in at number 9th in NT.

Property buyers and investors in Araluen 0870 should be seeing an average reduction in asking price of around -5.05% . This means that Araluen is holding prices well when compared to other suburbs in NT.

Residents and property investors in Araluen have been waiting around 135.23 days to sell a property.

Renters in Suburb are facing rents around $6600 per annum or $550 every week.

If you compare the increase in value of investment property in Araluen, 0870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -8.23%.

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

Araluen, 0870 is offering NT ‘s 15th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NT.

At number 1421 in a list of fastest selling suburbs, Araluen is in the bottom 10% of suburbs in Australia with an average of days on market 141 for properties listed there.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.74%, without taking into account capital value appreciation, which has been averaging out at 5.40%.

HOUSE UNIT
$529,500 $362,500
7.51% -5.48%
4.85% -8.23%
6.67% 5.40%
$550 $400
20 16
5.40% 5.74%
135.23 141

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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