Property investors who have had real estate in Tiwi, 0810 should be ok with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.88%
A -20.35% growth in median value for property investors in Tiwi,0810 puts this suburb at number 13th in terms of best performing suburbs in NT
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
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Home to the Royal Darwin Hospital, Tiwi is 11km north of the Darwin CBD and adjacent to the Dripstone Park coastal reserve.
The Charles Darwin University is close by in Brinkin, and a sizeable shopping centre is in nearby Casuarina. Like the rest of northern Darwin, the only public transport options to the CBD are via bus.
Seventy-one per cent of properties in the suburb are separate houses, and median prices compare favourably to nearby Rapid Creek, and Nakara.
Land parcels are quite large within Tiwi, with many houses often residing on 800m2 or more. This suggests subdivision or development potential.