Suburb Profile Report for Araluen NT (0870)

Araluen House: Median price $495,750, Annual capital growth 4.05%, Number of sales 53, Weekly median advertised rent $570

Araluen Unit: Median price $315,000, Annual capital growth 3.41%, Number of sales 13, Weekly median advertised rent $425

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

Property value increases in Araluen have tracked just higher than the NT average of -3.80% over the last 12 months.

A -0.65% growth in median value for property investors in Araluen,0870 puts this suburb at number 15th in terms of best performing suburbs in NT

At number 37th of NT’s most discounted properties, Araluen is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Araluen is 16th on a list of best yielding suburbs for rents in NT with a 5.98% return

Property value increases in Araluen have tracked lower than the NT average of -12.41% over the last 12 months.

Comparing Araluen,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Araluen0870 is located in NT which offers an average discount of -9.46% to property investors. Araluen itself is showing figures that indicate -15.07% is the average achievable by property buyers investing in the suburb.

Araluen is 6th on a list of best yielding suburbs for rents in NT with a 7.02% return

Information supplied by:


November 2017

M
O

W
E
Araluen is a rural suburb situated at least half a day’s drive, or a two-hour flight, south of Darwin, in Alice Springs. Named after the Aboriginal word for ‘place of waterlilies’, Araluen is not exactly within commuting distance of the Darwin CBD, however it is close to the Alice Springs Golf Club, the Reptile Centre, ANZAC Hill and Olive Pink Botanic GardenFull summary

Rural suburb gets a boost

Postcode: 0870

Median house price: $492,505

Three-year growth: -8.0%

Rental yield: 5.9%

Araluen is a rural suburb situated at least half a day’s drive, or a two-hour flight, south of Darwin, in Alice Springs. Named after the Aboriginal word for ‘place of waterlilies’, Araluen is not exactly within commuting distance of the Darwin CBD, however it is close to the Alice Springs Golf Club, the Reptile Centre, ANZAC Hill and Olive Pink Botanic Garden.

The median house price is $555,000, and the yearly growth rate is nearly 10%. Though Alice Springs is generally considered to offer little more than dust and desert, Araluen is close to West MacDonnell National Park, Finke George National Park and Owen Springs Reserve. It is home to around 3,000 people and roughly 75% of local housing stock is freestanding dwellings.

Close
Metrics i HOUSE UNIT
$495,750 $315,000
0.15% 1.61%
1.33% -26.74%
4.05% 3.41%
$570 $425
53 13
5.98% 7.02%
89.64 167

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), Balanced (U)
Find a mortgage broker in Araluen NT
Demographics
Total population 2695
Median household income ($/weekly) 1881
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 408 15.1
    25-34 years 412 15.3
    35-44 years 431 16.0
    45-54 years 430 15.9
    55-64 years 281 10.4
    Others 734 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 808 45.8
    Not Married 717 40.6
    Defacto Relationship 241 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1909 77.4
    Papua New Guinea 75 3.0
    United Kingdom 86 3.5
    United States of America 72 2.9
    Other 109 4.4
    Others 216 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.6
    Christianity 1619 69.0
    Hinduism 9 0.4
    Other Religious Groups 19 0.8
    No Religion 671 28.6
    Others 16 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 63 8.4
    $1,500-$1,999 128 17.0
    $2,000-$2,499 98 13.0
    $2,500-$2,999 100 13.3
    $3,000-$3,499 75 9.9
    Others 290 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1056 55.6
    Not in the labour force 407 21.4
    Employed, worked part-time 310 16.3
    Employed, away from work 95 5.0
    Unemployed, looking for work 31 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 11.8
    Professionals 349 23.9
    Technicians & trades workers 186 12.7
    Community & personal service workers 226 15.4
    Clerical & administrative workers 226 15.4
    Others 304 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 41 6.4
    Infants/Primary 260 40.6
    Secondary 189 29.5
    Technical or Further Educational Institution 46 7.2
    University or other Tertiary Institutions 80 12.5
    Others 24 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1924 81.1
    Flat, unit or apartment 336 14.2
    Caravan, cabin, houseboat 71 3.0
    Semi-detached, row or terrace house, townhouse 37 1.6
    Improvised home, tent, sleepers out 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 368 43.3
    Rented 334 39.3
    Fully owned 144 16.9
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals