Suburb Profile Report for Larapinta NT (0870)

Larapinta House: Median price $370,000, Annual capital growth 5.09%, Number of sales 26, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Larapinta, 0870 should be unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.85%

When looking at the potential capital gains offered to property investors over the last 3 years, Larapinta comes in at number 18th in NT.

Sellers are offering property buyers an average discount of -6.33% to buyers in Larapinta at the moment, which is less than average for the rest of NT.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.09%, investors should hope to achieve an overall return of 6.32%

HOUSE UNIT
$370,000 N/A
-16.38% N/A
-5.85% N/A
5.09% N/A
$450 N/A
26 N/A
6.32% N/A
138.29 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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