Berrimah NT

Postcode 0828 · Darwin LGA

Berrimah is a small community in Northern Territory within the Darwin local government area (postcode 0828). With a population of 1,199, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $114K per year, with an average household size of 2.8 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Filipino, Australian, English.

The median house price in Berrimah is $1.6 million, having surged 73.2% over the past year. Units have a median price of $265,000 (-4.2% YoY). The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,535.

Berrimah is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1069, which is above the national average of 1,000. Public transport access includes 18 bus stops.

From an investment perspective, Berrimah offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($1.6M/$711K), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +73.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.3% Low Yield
Price vs State$1.6M/$711K Above Median
Affordability14.4x Stretched
Price Momentum+73.2% Rising
INCOME (ATO 2022-23)
Median Income$67,392
Mean Income$83,668
Earners1,245
YoY Change-5.1%
SEIFA INDEX (ABS)
Advantage5/10
Education5/10
Economic3/10
Disadvantage6/10
MEDIAN HOUSE
$1.6M
73.2% YoY
MEDIAN UNIT
$265K
-4.2% YoY
MEDIAN RENT /WK
$400
POPULATION
1,199
DEMOGRAPHICS
Median Age32
Household Size2.8
HH Income /wk$2,193
Personal Income /wk$977
Mortgage /mth$2,535
TRANSPORT
Bus Stops18
SCHOOLS (3)
Avg ICSEA1069
Total Students1,128
Independent3
Haileybury Rendall SchoolCombined · Independent · ICSEA 1082
Milkwood Steiner SchoolCombined · Independent · ICSEA 1053
Australian International Islamic College DarwinPrimary · Independent · ICSEA 1071
Data: 2023