Suburb Profile Report for East Side NT (0870)

East Side House: Median price $514,000, Annual capital growth 6.08%, Number of sales 39, Weekly median advertised rent $510

East Side Unit: Median price $320,000, Annual capital growth 5.02%, Number of sales 19, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 0.29% for the last 12 months, East Side, 0870 has performed for property investments than its average annual 6.08% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, East Side,0870 has racked up an average of 0.29% over the period. This ranks it number 2961th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in East Side is giving property investors an average Vendor Discount of around -4.54%. This puts suburb at number 42th in NT when ranking the most discounted suburbs.

At number 2267 in a list of fastest selling suburbs, East Side is in the bottom 40% of suburbs in Australia with an average of days on market 89.29 for properties listed there.

Property value increases in East Side have tracked close to the NT average of -0.95% over the last 12 months.

Comparing East Side,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Sellers are offering property buyers an average discount of -7.40% to buyers in East Side at the moment, which is less than average for the rest of NT.

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 5.85%

Metrics i HOUSE UNIT
$514,000 $320,000
-0.19% -3.03%
0.29% -3.03%
6.08% 5.02%
$510 $360
39 19
5.16% 5.85%
89.29 137.57

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2980
Median household income ($/weekly) 1792
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 399 13.4
    25-34 years 521 17.5
    35-44 years 440 14.8
    45-54 years 487 16.3
    55-64 years 393 13.2
    Others 741 24.9
    Age Group
    Census Count Percent(%)
    Not Married 905 46.3
    Registered Married 667 34.1
    Defacto Relationship 382 19.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2121 77.2
    Papua New Guinea 79 2.9
    United Kingdom 113 4.1
    United States of America 99 3.6
    Other 118 4.3
    Others 219 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 2.6
    Christianity 1390 54.2
    Hinduism 42 1.6
    Other Religious Groups 29 1.1
    No Religion 1004 39.2
    Others 31 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 88 9.5
    $1,250-$1,499 74 8.0
    $1,500-$1,999 164 17.7
    $2,000-$2,499 128 13.9
    $2,500-$2,999 131 14.2
    Others 339 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1237 56.6
    Not in the labour force 391 17.9
    Employed, worked part-time 384 17.6
    Employed, away from work 132 6.0
    Unemployed, looking for work 43 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 226 12.9
    Professionals 565 32.3
    Technicians & trades workers 193 11.0
    Community & personal service workers 237 13.5
    Clerical & administrative workers 237 13.5
    Others 292 16.7
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.6
    Infants/Primary 253 36.5
    Secondary 185 26.7
    Technical or Further Educational Institution 53 7.6
    University or other Tertiary Institutions 134 19.3
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1877 72.2
    Semi-detached, row or terrace house, townhouse 628 24.2
    Flat, unit or apartment 91 3.5
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 443 42.4
    Being purchased 394 37.7
    Fully owned 198 18.9
    Other tenure type 10 1.0
    Tenure Type
Census 2011, ABS
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