Suburb Profile Report for Gillen NT (0870)

Gillen House: Median price $420,000, Annual capital growth 5.34%, Number of sales 45, Weekly median advertised rent $500

Gillen Unit: Median price $333,500, Annual capital growth 7.45%, Number of sales 24, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Gillen is an average performer in NT when comparing median price capital growth over the last year. Gillen gave property investors a average capital gain figure when compared to the rest of the state, with -6.04%.

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

The most recent median price for Gillen is $420000, with sellers offering an average of -6.57% off the asking price.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Over the last year, property investments in Gillen, 0870 have given investors a capital gain of 39.54%. This compares very favourably with the -2.93% for NT as a whole.

Gillen,0870 was ranked 73 in Australia by increase in median property value over the quarter.

Gillen0870 is located in NT which offers an average discount of -8.84% to property investors. Gillen itself is showing figures that indicate -5.94% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Gillen have been waiting around 99.58 days to sell a property.

HOUSE UNIT
$420,000 $333,500
1.20% 11.17%
-6.04% 39.54%
5.34% 7.45%
$500 $350
45 24
6.19% 5.46%
94.8 99.58

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4417
Median household income ($/weekly) 1707
Median age of persons 32
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 661 15.0
    25-34 years 723 16.4
    35-44 years 725 16.4
    45-54 years 641 14.5
    55-64 years 422 9.6
    Others 1245 28.2
    Age Group
    Census Count Percent(%)
    Not Married 1233 42.2
    Registered Married 1170 40.0
    Defacto Relationship 519 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2970 73.3
    Papua New Guinea 133 3.3
    United Kingdom 162 4.0
    United States of America 178 4.4
    Other 189 4.7
    Others 422 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.7
    Christianity 2576 66.9
    Hinduism 49 1.3
    Other Religious Groups 36 0.9
    No Religion 1099 28.5
    Others 26 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 114 9.0
    $1,250-$1,499 124 9.8
    $1,500-$1,999 203 16.1
    $2,000-$2,499 209 16.6
    $2,500-$2,999 136 10.8
    Others 474 37.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1730 55.7
    Not in the labour force 655 21.1
    Employed, worked part-time 472 15.2
    Employed, away from work 163 5.2
    Unemployed, looking for work 86 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 218 9.2
    Professionals 560 23.7
    Technicians & trades workers 370 15.7
    Community & personal service workers 333 14.1
    Clerical & administrative workers 396 16.8
    Others 481 20.4
    Occupation
    Census Count Percent(%)
    Pre-school 76 7.6
    Infants/Primary 392 39.1
    Secondary 273 27.2
    Technical or Further Educational Institution 77 7.7
    University or other Tertiary Institutions 144 14.4
    Others 41 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3024 76.1
    Flat, unit or apartment 506 12.7
    Semi-detached, row or terrace house, townhouse 443 11.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 613 42.8
    Rented 611 42.7
    Fully owned 192 13.4
    Other tenure type 15 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals