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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 5.77% 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 118 days.The median listing price for units is $355,000 and this has changed -4.70% over the past year. The average unit takes 301 days to sell and the median rent for a unit in Coconut Grove is $500 per week, producing a rental yield of 7.32%.

Supply & Demand in Coconut Grove, Darwin

0.71%

Current vacancy rate


11

Rental stock available


3,057

Population


45.85%

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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Coconut Grove, Darwin

  House Townhouses Units
Median listing price $650,000 NA $355,000
Median price change - last quarter 0.00% NA -3.80%
Median price change - 1 year NA NA -4.70%
Median price change - 2 years 5.77% NA 1.71%
  House Townhouses Units
Median weekly rent $640 NA $500
Median yield % 5.12% NA 7.32%
Median rent change - 1 year -8.58% NA 4.16%
  House Units
Previous month sales 1 1
Stock on market previous month 2 13
Stock variance vs. last year -66.67% -50.00%
Average days on market 118 301

Coconut Grove investment property listings

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