Suburb Profile Report for Sadadeen NT (0870)

Sadadeen House: Median price $418,750, Annual capital growth 4.67%, Number of sales 27, Weekly median advertised rent $500

Sadadeen Unit: Median price $284,250, Annual capital growth 5.79%, Number of sales 15, Weekly median advertised rent $360

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report
Unit Report

Sadadeen, 0870 ranked 2nd in NT when comparing growth in median property values or capital gain over the last 12 months. Sadadeen is one of 124 in our list for NT

Sadadeen,0870 was ranked 1634 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Sadadeen are currently offering property investors an average price cut of -7.55% below the asking price at the moment.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 4.67%, investors should hope to achieve an overall return of 6.21%

NT has seen average median house prices change by -10.85% which means that Sadadeen, 0870 has not done well for property investors by showing a capital gain of -13.99% over the last year

Sadadeen,0870 has offered an average of -13.99% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Sadadeen is offering property investors an average of -10.11. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in NT

The NT suburb of Sadadeen, 0870 is in the Alice Springs local government area.

Metrics	HOUSE	UNIT
Median price	$418,750	$284,250
Quarterly growth	0.90%	16.50%
12-month growth	11.67%	-13.99%
Average Annual Growth	4.67%	5.79%
Weekly median advertised rent	$500	$360
Number of sales	27	15
Gross rental yield	6.21%	6.59%
Days on market	139.6	150.37

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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