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Investment Property Bayview, NT, 0820

Suburb Snapshot

Bayview is a suburb in the Darwin Region of Northern Territory. Bayview has a population of 1,680 people and 42.40% of its occupants live in rental accommodation. The median listing price for houses is $1,325,000 and this has changed NA over the past year and changed 69.87% over 2 years.

The median rent in Bayview for houses is $800 per week and the median rental yield is 3.13%. Stock on the market for houses/townhouses has changed 21.43% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $492,500 and this has changed 9.44% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Bayview is $630 per week, producing a rental yield of 6.65%.

Supply & Demand in Bayview, Darwin

1.44%

Current vacancy rate


10

Rental stock available


1,680

Population


42.40%

Rental population


1.07%

Current vacancy rate


398

Rental stock available


78,798

Population


38.62%

Rental population


0.71%

Current vacancy rate


735

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Bayview, Darwin

  House Townhouses Units
Median listing price $1,325,000 $622,000 $492,500
Median price change - last quarter NA 3.75% 2.60%
Median price change - 1 year NA -8.53% 9.44%
Median price change - 2 years 69.87% -17.07% 1.12%
  House Townhouses Units
Median weekly rent $800 $730 $630
Median yield % 3.13% 6.10% 6.65%
Median rent change - 1 year -4.20% -2.67% 5.00%
  House Units
Previous month sales 2 0
Stock on market previous month 17 3
Stock variance vs. last year 21.43% -57.14%
Average days on market NA 75

Bayview investment property listings

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