Weddell is a quiet locality in Northern Territory within the Litchfield local government area (postcode 0822). With a population of 61, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Weddell is $670,000, having grown strongly 8.9% over the past year. The median weekly rent is $275 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,600.
From an investment perspective, Weddell offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($670K/$711K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +8.9% year-on-year.
Weddell is a quiet locality in Northern Territory within the Litchfield local government area (postcode 0822). With a population of 61, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Weddell is $670,000, having grown strongly 8.9% over the past year. The median weekly rent is $275 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,600.
From an investment perspective, Weddell offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($670K/$711K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +8.9% year-on-year.