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Investment Property Coconut Grove, NT, 0810

Suburb Snapshot

Coconut Grove is a suburb in the Darwin Region of Northern Territory. Coconut Grove has a population of 3,057 people and 45.85% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed NA over the past year and changed 3.33% over 2 years.

The median rent in Coconut Grove for houses is $640 per week and the median rental yield is 5.12%. Stock on the market for houses/townhouses has changed -66.67% compared to last year and the average time to sell a house/townhouse is 150 days.The median listing price for units is $360,000 and this has changed -4.00% over the past year. The average unit takes 302 days to sell and the median rent for a unit in Coconut Grove is $500 per week, producing a rental yield of 7.22%.

Supply & Demand in Coconut Grove, Darwin

0.64%

Current vacancy rate


10

Rental stock available


3,057

Population


45.85%

Rental population


0.82%

Current vacancy rate


303

Rental stock available


78,798

Population


38.62%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Coconut Grove, Darwin

  House Townhouses Units
Median listing price $650,000 NA $360,000
Median price change - last quarter 0.00% NA -3.80%
Median price change - 1 year NA NA -4.00%
Median price change - 2 years 3.33% NA 5.26%
  House Townhouses Units
Median weekly rent $640 NA $500
Median yield % 5.12% NA 7.22%
Median rent change - 1 year -11.73% NA 4.16%
  House Units
Previous month sales 3 7
Stock on market previous month 2 17
Stock variance vs. last year -66.67% -19.05%
Average days on market 150 302

Coconut Grove investment property listings

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