Nightcliff is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 3,884, the suburb has a blend of families and working-age professionals with a median age of 34. Households earn a median income of $107K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. NT employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Irish.
The median house price in Nightcliff is $965,000, having risen by 2.5% over the past year. Units have a median price of $351,000 (-3.8% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,972.
Nightcliff is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 11 bus stops.
On the investment side, Nightcliff shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are above the state median ($965K/$711K), placing it in the premium segment. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +2.5% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.