Suburb Profile Report for Durack NT (0830)

Durack House: Median price $435,000, Annual capital growth 0.00%, Number of sales 57, Weekly median advertised rent $480

  • 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.

  • House Report

Over the last year, property investments in Durack, 0830 have given investors a capital gain of -3.87%. This compares averagely with the -2.30% for NT as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Durack comes in at number 15th in NT.

Durack, 0830 is offering NT ‘s 21th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NT.

At number 2707 in a list of fastest selling suburbs, Durack is in the bottom 30% of suburbs in Australia with an average of days on market 98.0588 for properties listed there.

Situated 14.09km from the CBD, Durack is one of Palmerston (C) localities in the postcode 0830.

Metrics i HOUSE UNIT
$435,000 N/A
-1.14% N/A
-3.87% N/A
0.00% N/A
$480 N/A
57 N/A
5.74% N/A
98.0588235294118 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 2873
Median household income ($/weekly) 2166
Median age of persons 28
Median housing loan repayment ($/monthly) 2600
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 322 11.2
    5-14 years 463 16.1
    25-34 years 588 20.4
    35-44 years 465 16.2
    45-54 years 346 12.0
    Others 692 24.1
    Age Group
    Census Count Percent(%)
    Registered Married 1009 54.5
    Not Married 522 28.2
    Defacto Relationship 322 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2272 83.3
    Papua New Guinea 54 2.0
    South Africa 38 1.4
    United Kingdom 136 5.0
    Other 74 2.7
    Others 153 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.7
    Christianity 1658 63.8
    Islam 44 1.7
    Other Religious Groups 9 0.3
    No Religion 835 32.1
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 74 9.7
    $1,500-$1,999 120 15.7
    $2,000-$2,499 140 18.3
    $2,500-$2,999 130 17.0
    $3,000-$3,499 79 10.4
    Others 220 28.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1177 60.0
    Not in the labour force 314 16.0
    Employed, worked part-time 294 15.0
    Employed, away from work 131 6.7
    Unemployed, looking for work 45 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 225 14.1
    Professionals 235 14.7
    Technicians & trades workers 217 13.6
    Community & personal service workers 331 20.7
    Clerical & administrative workers 274 17.1
    Others 319 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 64 8.6
    Infants/Primary 325 43.7
    Secondary 174 23.4
    Technical or Further Educational Institution 38 5.1
    University or other Tertiary Institutions 125 16.8
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2601 96.6
    Flat, unit or apartment 59 2.2
    Improvised home, tent, sleepers out 24 0.9
    Semi-detached, row or terrace house, townhouse 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 510 58.2
    Being purchased 286 32.6
    Fully owned 74 8.4
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
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