Howard Springs is a smaller suburb in Northern Territory within the Litchfield local government area (postcode 0835). With a population of 3,153, the suburb has an established demographic with a median age of 43. Households earn a median income of $133K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Howard Springs is $768,000, having increased 3% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,388.
Howard Springs is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 18 bus stops.
From an investment perspective, Howard Springs offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($768K/$711K). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +3.0% year-on-year.
Howard Springs is a smaller suburb in Northern Territory within the Litchfield local government area (postcode 0835). With a population of 3,153, the suburb has an established demographic with a median age of 43. Households earn a median income of $133K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Howard Springs is $768,000, having increased 3% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,388.
Howard Springs is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 18 bus stops.
From an investment perspective, Howard Springs offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($768K/$711K). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +3.0% year-on-year.