With a capital gain of 1.08% for the last 12 months, Tiwi, 0810 has performed for property investments than its average annual 1.35% property growth over the last 5 years.
Comparing Tiwi,0810 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tiwi, 0810. Typically our figures indicate that -6.05% is being offered, which puts this NT suburb at 1779th most discounted overall in Australia.
Residents and property investors in Tiwi have been waiting around 59.8571 days to sell a property.
With the median price for a house in Tiwi being $455000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 5.31%
Information supplied by:
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.