Suburb Profile Report for Araluen NT (0870)

Araluen House: Median price $555,000, Annual capital growth 6.44%, Number of sales 24, Weekly median advertised rent $560

Araluen Unit: Median price $430,000, Annual capital growth 6.92%, Number of sales 20, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Araluen have tracked higher than the NT average of -5.47% over the last 12 months.

If we look at median property appreciation over just the last three months, Araluen has given property investors a paper return of 4.82%. This puts Suburb as 4 on a list of fastest fasting appreciating suburbs in NT

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.47% offered to property buyers. Sellers in Araluen itself are offering an average vendor discount of -4.70% to real estate investors.

Using the current median advertised rental of $560 and the average annual increase in value of a median property of 6.44%, investors should hope to achieve an overall return of 5.25%

Araluen, 0870 ranked 3rd 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

Over the longer term, Araluen has seen property prices show investors a 20.96% return over the last 3 years. This is worse than over the last 12 months

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.64% offered to property buyers. Sellers in Araluen itself are offering an average vendor discount of -5.89% to real estate investors.

On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.92%, investors should hope to achieve an overall return of 4.84%

Metrics i HOUSE UNIT
$555,000 $430,000
4.82% 9.55%
9.90% 16.22%
6.44% 6.92%
$560 $400
24 20
5.25% 4.84%
109.59 107.36

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