Tiwi is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,511, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tiwi is $500,000, having dropped significantly 10.7% over the past year. Units have a median price of $390,000 (+9.9% YoY). The median weekly rent is $375 (Census 2021). This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Tiwi is served by 2 schools, including 1 secondary, 1 special. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 15 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, Tiwi offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($500K/$711K). The price-to-income ratio of 4.8x is considered affordable. House prices have moved -10.7% year-on-year.
Tiwi is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,511, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Tiwi is $500,000, having dropped significantly 10.7% over the past year. Units have a median price of $390,000 (+9.9% YoY). The median weekly rent is $375 (Census 2021). This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Tiwi is served by 2 schools, including 1 secondary, 1 special. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 15 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, Tiwi offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($500K/$711K). The price-to-income ratio of 4.8x is considered affordable. House prices have moved -10.7% year-on-year.