Tiwi is in the TOP 30% in NT when comparing median price capital growth over the last year. Tiwi gave property investors a good capital gain figure when compared to the rest of the state, with 15.29%.
Comparing Tiwi,0810 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 0.16%, investors should hope to achieve an overall return of 4.99%
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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.