Wulagi is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0812). With a population of 2,510, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $121K per year, with an average household size of 2.9 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 Wulagi is $533,000, having dropped significantly 11.2% over the past year. The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $2,000.
Wulagi is served by 1 school, including 1 primary. The average ICSEA score is 890, which is well below the national average of 1,000. Public transport access includes 10 bus stops.
From an investment perspective, Wulagi offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($533K/$711K). The price-to-income ratio of 4.4x is considered affordable. House prices have moved -11.2% year-on-year.
Wulagi is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0812). With a population of 2,510, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $121K per year, with an average household size of 2.9 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 Wulagi is $533,000, having dropped significantly 11.2% over the past year. The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $2,000.
Wulagi is served by 1 school, including 1 primary. The average ICSEA score is 890, which is well below the national average of 1,000. Public transport access includes 10 bus stops.
From an investment perspective, Wulagi offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($533K/$711K). The price-to-income ratio of 4.4x is considered affordable. House prices have moved -11.2% year-on-year.