Suburb Profile Report for Sadadeen NT (0870)

Sadadeen House: Median price $375,000, Annual capital growth -0.93%, Number of sales 27, Weekly median advertised rent $510

Sadadeen Unit: Median price $238,500, Annual capital growth 0.25%, Number of sales 12, Weekly median advertised rent $350

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

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Sadadeen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.41%

Taking the average capital gain, or increase in median house value, Sadadeen,0870 has racked up an average of -7.41% over the period. This ranks it number 3953th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Sadadeen 0870 should be seeing an average reduction in asking price of around -3.46% . This means that Sadadeen is holding prices well when compared to other suburbs in NT.

Sadadeen, 0870’s gross rental yield is 7.07%

Over the last year, property investments in Sadadeen, 0870 have given investors a capital gain of 4.38%. This compares favourably with the 1.63% for NT as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sadadeen has fallen somewhat when compared to the 5 year average annual rate.

Advertised rents are around the $350 mark per week – giving a return of 7.63% based on the median price in Suburb

Metrics i HOUSE UNIT
$375,000 $238,500
-6.25% -11.42%
-7.41% 4.38%
-0.93% 0.25%
$510 $350
27 12
7.07% 7.63%
100.8 N/A

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2234
Median household income ($/weekly) 1492
Median age of persons 30
Median housing loan repayment ($/monthly) 1736
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 194 8.7
    5-14 years 314 14.1
    25-34 years 452 20.2
    35-44 years 352 15.8
    45-54 years 300 13.4
    Others 622 27.8
    Age Group
    Census Count Percent(%)
    Not Married 692 48.7
    Registered Married 474 33.4
    Defacto Relationship 255 17.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1610 82.3
    Papua New Guinea 53 2.7
    Philippines 35 1.8
    United Kingdom 47 2.4
    Other 74 3.8
    Others 138 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.7
    Christianity 1190 65.0
    Islam 12 0.7
    Other Religious Groups 26 1.4
    No Religion 561 30.6
    Others 11 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 72 11.2
    $1,250-$1,499 55 8.6
    $1,500-$1,999 112 17.5
    $2,000-$2,499 71 11.1
    $2,500-$2,999 70 10.9
    Others 261 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 780 51.9
    Not in the labour force 369 24.6
    Employed, worked part-time 219 14.6
    Employed, away from work 81 5.4
    Unemployed, looking for work 54 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 9.4
    Professionals 237 21.9
    Technicians & trades workers 160 14.8
    Community & personal service workers 165 15.3
    Clerical & administrative workers 182 16.9
    Others 234 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 31 6.4
    Infants/Primary 199 41.1
    Secondary 114 23.6
    Technical or Further Educational Institution 46 9.5
    University or other Tertiary Institutions 73 15.1
    Others 21 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1424 72.6
    Semi-detached, row or terrace house, townhouse 409 20.8
    Flat, unit or apartment 121 6.2
    Caravan, cabin, houseboat 8 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 347 48.6
    Being purchased 307 43.0
    Fully owned 57 8.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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