Venn (postcode 0852) is a quiet locality in Northern Territory within the Katherine local government area. It is home to about 189 residents, with a mix of families and early-career residents and a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 labourers, managers, machinery operators & drivers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $398 (Census 2021). The median monthly mortgage repayment is $1,018.
On the investment side, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.