Suburb Profile Report for Larapinta NT (0870)

Larapinta House: Median price $357,500, Annual capital growth 4.76%, Number of sales 29, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Larapinta, 0870 have given investors a capital gain of -10.63%. This compares badly with the -5.07% for NT as a whole.

Comparing Larapinta,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 -6.24% to buyers in Larapinta at the moment, which is less than average for the rest of NT.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 6.98%, without taking into account capital value appreciation, which has been averaging out at 4.76%.

HOUSE UNIT
$357,500 N/A
-8.33% N/A
-10.63% N/A
4.76% N/A
$480 N/A
29 N/A
6.98% N/A
153.5 N/A

Source: CoreLogic

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Demographics
Total population 2470
Median household income ($/weekly) 1628
Median age of persons 30
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 258 10.4
    5-14 years 413 16.7
    25-34 years 432 17.5
    35-44 years 403 16.3
    45-54 years 339 13.7
    Others 627 25.4
    Age Group
    Census Count Percent(%)
    Not Married 721 46.5
    Registered Married 543 35.0
    Defacto Relationship 288 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1896 83.7
    Indonesia 40 1.8
    Papua New Guinea 64 2.8
    United Kingdom 71 3.1
    Other 58 2.6
    Others 135 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 1.4
    Christianity 1380 63.9
    Hinduism 30 1.4
    Islam 19 0.9
    No Religion 690 32.0
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 52 8.4
    $1,250-$1,499 51 8.3
    $1,500-$1,999 87 14.1
    $2,000-$2,499 104 16.8
    $2,500-$2,999 62 10.0
    Others 262 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 832 54.9
    Not in the labour force 349 23.0
    Employed, worked part-time 195 12.9
    Employed, away from work 92 6.1
    Unemployed, looking for work 47 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 123 11.0
    Professionals 203 18.1
    Technicians & trades workers 160 14.3
    Community & personal service workers 202 18.0
    Clerical & administrative workers 201 17.9
    Others 233 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 47 8.1
    Infants/Primary 241 41.8
    Secondary 155 26.9
    Technical or Further Educational Institution 44 7.6
    University or other Tertiary Institutions 67 11.6
    Others 23 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1752 77.5
    Flat, unit or apartment 273 12.1
    Semi-detached, row or terrace house, townhouse 236 10.4
    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 363 51.1
    Rented 283 39.8
    Fully owned 62 8.7
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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