Tiwi is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). The area has roughly 2,511 residents and an established family 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. 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, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Tiwi stand at $500,000, having declined steeply by 10.7% over the last twelve months. 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.
On the investment side, Gross rental yield sits at around 3.9% (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. 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.