Suburb Profile Report for East Side NT (0870)

East Side House: Median price $514,000, Annual capital growth 6.05%, Number of sales 39, Weekly median advertised rent $500

East Side Unit: Median price $325,000, Annual capital growth 5.29%, Number of sales 26, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

NT has seen average median house prices change by -4.64% which means that East Side, 0870 has not done well for property investors by showing a capital gain of 2.29% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Side has increased when compared to the 5 year average annual rate.

East Side0870 is located in NT which offers an average discount of -7.52% to property investors. East Side itself is showing figures that indicate -4.08% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $6000 per annum or $500 every week.

East Side is in the TOP 10% in NT when comparing median price capital growth over the last year. East Side gave property investors a very good capital gain figure when compared to the rest of the state, with 9.24%.

Our latest figures would indicate that property sellers in East Side are currently offering property investors an average price cut of -6.84% below the asking price at the moment.

At number 1397 in a list of fastest selling suburbs, East Side is in the bottom 10% of suburbs in Australia with an average of days on market 130.13 for properties listed there.

Advertised rents are around the $350 mark per week – giving a return of 5.60% based on the median price in Suburb

Metrics i HOUSE UNIT
$514,000 $325,000
-6.97% N/A
2.29% 9.24%
6.05% 5.29%
$500 $350
39 26
5.06% 5.60%
78 130.13

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals