Suburb Profile Report for Marrara NT (0812)

Marrara Unit: Median price $282,500, Annual capital growth -0.78%, Number of sales 10, Weekly median advertised rent $360

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Unit Report

Property value increases in Marrara have tracked just higher than the NT average of -8.59% over the last 12 months.

Across a shorter period, Marrara, 0812 has seen a median price increase of -5.04% over the last quarter.

With the median price for a house in Marrara being $282500 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 6.63%

Metrics i HOUSE UNIT
N/A $282,500
N/A -5.04%
N/A -3.91%
N/A -0.78%
N/A $360
N/A 10
N/A 6.63%
N/A N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1444
Median household income ($/weekly) 1732
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 164 11.3
    25-34 years 175 12.1
    35-44 years 190 13.1
    45-54 years 253 17.5
    55-64 years 269 18.6
    Others 394 27.3
    Age Group
    Census Count Percent(%)
    Registered Married 503 47.7
    Not Married 391 37.1
    Defacto Relationship 161 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1000 75.0
    Papua New Guinea 41 3.1
    Philippines 34 2.5
    United Kingdom 77 5.8
    Other 56 4.2
    Others 126 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 2.4
    Christianity 850 67.8
    Hinduism 9 0.7
    Islam 15 1.2
    No Religion 340 27.1
    Others 10 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 46 8.9
    $1,000-$1,249 48 9.3
    $1,500-$1,999 85 16.5
    $2,000-$2,499 62 12.0
    $2,500-$2,999 50 9.7
    Others 225 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 619 56.1
    Not in the labour force 221 20.0
    Employed, worked part-time 165 14.9
    Employed, away from work 75 6.8
    Unemployed, looking for work 24 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 122 14.2
    Professionals 155 18.1
    Technicians & trades workers 119 13.9
    Community & personal service workers 77 9.0
    Clerical & administrative workers 189 22.0
    Others 196 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 25 8.7
    Infants/Primary 102 35.7
    Secondary 70 24.5
    Technical or Further Educational Institution 26 9.1
    University or other Tertiary Institutions 56 19.6
    Others 7 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 610 45.9
    Semi-detached, row or terrace house, townhouse 364 27.4
    Caravan, cabin, houseboat 209 15.7
    Flat, unit or apartment 137 10.3
    House or flat attached to a shop, office 8 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 191 33.7
    Fully owned 187 33.0
    Being purchased 181 32.0
    Other tenure type 7 1.2
    Tenure Type
Census 2011, ABS
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