Suburb Profile Report for East Side NT (0870)

East Side House: Median price $490,750, Annual capital growth 2.58%, Number of sales 47, Weekly median advertised rent $515

East Side Unit: Median price $300,000, Annual capital growth 1.74%, Number of sales 18, Weekly median advertised rent $380

  • 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
  • Unit Report

Property investors who have had real estate in East Side, 0870 should be relatively unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.41%

Taking the average capital gain, or increase in median house value, East Side,0870 has racked up an average of -7.41% over the period. This ranks it number 3737th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.28% to buyers in East Side at the moment, which is less than average for the rest of NT.

Often selling an investment property can take time, and in East Side the average time real estate has been on the market is 104.08 days.

East Side is 26th on a list of best yielding suburbs for rents in NT with a 5.46% return

With a capital gain of -20.00% for the last 12 months, East Side, 0870 has performed for property investments than its average annual 1.74% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, East Side has given property investors a paper return of -0.83%. This puts Suburb as 4 on a list of fastest fasting appreciating suburbs in NT

East Side, 0870 is offering NT ‘s 9th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NT.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$490,750 $300,000
0.15% -0.83%
-7.41% -20.00%
2.58% 1.74%
$515 $380
47 18
5.46% 6.59%
104.08 106.823529411765

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 : Above average (H), Balanced (U)
Find a mortgage broker in East Side NT
Demographics
Total population 2980
Median household income ($/weekly) 1792
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 399 13.4
    25-34 years 521 17.5
    35-44 years 440 14.8
    45-54 years 487 16.3
    55-64 years 393 13.2
    Others 741 24.9
    Age Group
    Census Count Percent(%)
    Not Married 905 46.3
    Registered Married 667 34.1
    Defacto Relationship 382 19.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2121 77.2
    Papua New Guinea 79 2.9
    United Kingdom 113 4.1
    United States of America 99 3.6
    Other 118 4.3
    Others 219 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 2.6
    Christianity 1390 54.2
    Hinduism 42 1.6
    Other Religious Groups 29 1.1
    No Religion 1004 39.2
    Others 31 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 88 9.5
    $1,250-$1,499 74 8.0
    $1,500-$1,999 164 17.7
    $2,000-$2,499 128 13.9
    $2,500-$2,999 131 14.2
    Others 339 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1237 56.6
    Not in the labour force 391 17.9
    Employed, worked part-time 384 17.6
    Employed, away from work 132 6.0
    Unemployed, looking for work 43 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 226 12.9
    Professionals 565 32.3
    Technicians & trades workers 193 11.0
    Community & personal service workers 237 13.5
    Clerical & administrative workers 237 13.5
    Others 292 16.7
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.6
    Infants/Primary 253 36.5
    Secondary 185 26.7
    Technical or Further Educational Institution 53 7.6
    University or other Tertiary Institutions 134 19.3
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1877 72.2
    Semi-detached, row or terrace house, townhouse 628 24.2
    Flat, unit or apartment 91 3.5
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 443 42.4
    Being purchased 394 37.7
    Fully owned 198 18.9
    Other tenure type 10 1.0
    Tenure Type
Census 2011, ABS
Chart Table