Tennant Creek (postcode 0860) is a compact suburb in Northern Territory within the Barkly local government area. The area has roughly 3,080 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $87K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. NT employment has moved +3.3% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 4 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, managers. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Aboriginal Australian, Australian, English.
Tennant Creek has a median house price of $275,000, which has risen solidly by 5.8% year-on-year. Units have a median price of $1.1 million. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,114.
Tennant Creek is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 743, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices sit below the state median ($275K/$750K), which can point to relative value. The price-to-income ratio of 3.2x is considered affordable. House prices have moved +5.8% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.