Suburb Profile Report for Larapinta NT (0870)

Larapinta House: Median price $412,250, Annual capital growth 6.05%, Number of sales 31, Weekly median advertised rent $520

Larapinta Unit: Median price $270,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $368

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Larapinta have tracked higher than the NT average of -2.99% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Larapinta comes in at number 8th in NT.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 6.05%, investors should hope to achieve an overall return of 6.56%

While Larapinta,0870 ranked number 4th in NT for increase in median house value (annualised) increase, it is ranked 15th over the last 5 years.

Advertised rents are around the $367.5 mark per week – giving a return of 7.08% based on the median price in Suburb

Metrics i HOUSE UNIT
$412,250 $270,000
1.79% 3.85%
14.51% N/A
6.05% N/A
$520 $368
31 11
6.56% 7.08%
N/A N/A

Source: CoreLogic

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Demographics
Total population 2470
Median household income ($/weekly) 1628
Median age of persons 30
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 258 10.4
    5-14 years 413 16.7
    25-34 years 432 17.5
    35-44 years 403 16.3
    45-54 years 339 13.7
    Others 627 25.4
    Age Group
    Census Count Percent(%)
    Not Married 721 46.5
    Registered Married 543 35.0
    Defacto Relationship 288 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1896 83.7
    Indonesia 40 1.8
    Papua New Guinea 64 2.8
    United Kingdom 71 3.1
    Other 58 2.6
    Others 135 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 1.4
    Christianity 1380 63.9
    Hinduism 30 1.4
    Islam 19 0.9
    No Religion 690 32.0
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 52 8.4
    $1,250-$1,499 51 8.3
    $1,500-$1,999 87 14.1
    $2,000-$2,499 104 16.8
    $2,500-$2,999 62 10.0
    Others 262 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 832 54.9
    Not in the labour force 349 23.0
    Employed, worked part-time 195 12.9
    Employed, away from work 92 6.1
    Unemployed, looking for work 47 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 123 11.0
    Professionals 203 18.1
    Technicians & trades workers 160 14.3
    Community & personal service workers 202 18.0
    Clerical & administrative workers 201 17.9
    Others 233 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 47 8.1
    Infants/Primary 241 41.8
    Secondary 155 26.9
    Technical or Further Educational Institution 44 7.6
    University or other Tertiary Institutions 67 11.6
    Others 23 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1752 77.5
    Flat, unit or apartment 273 12.1
    Semi-detached, row or terrace house, townhouse 236 10.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 363 51.1
    Rented 283 39.8
    Fully owned 62 8.7
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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