Darwin City is a mid-sized suburb in Northern Territory within the Darwin local government area (postcode 0800). With a population of 7,149, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $112K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
Units have a median price of $420,000 (-5.4% YoY). The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,781.
Public transport access includes 14 bus stops.
From an investment perspective, Darwin City offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($420K/$711K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved -5.4% year-on-year.
Darwin City is a mid-sized suburb in Northern Territory within the Darwin local government area (postcode 0800). With a population of 7,149, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $112K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
Units have a median price of $420,000 (-5.4% YoY). The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,781.
Public transport access includes 14 bus stops.
From an investment perspective, Darwin City offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($420K/$711K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved -5.4% year-on-year.