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Investment Property Malak, NT, 0812

Suburb Snapshot

Malak is a suburb in the Darwin Region of Northern Territory. Malak has a population of 2,997 people and 30.82% of its occupants live in rental accommodation. The median listing price for houses is $530,000 and this has changed -3.64% over the past year and changed -0.75% over 2 years.

The median rent in Malak for houses is $610 per week and the median rental yield is 5.98%. Stock on the market for houses/townhouses has changed 14.29% compared to last year and the average time to sell a house/townhouse is 149 days.The median listing price for units is $300,000 and this has changed NA over the past year. The average unit takes 468 days to sell and the median rent for a unit in Malak is $470 per week, producing a rental yield of 8.14%.

Supply & Demand in Malak, Darwin

0.67%

Current vacancy rate


8

Rental stock available


2,997

Population


30.82%

Rental population


1.82%

Current vacancy rate


675

Rental stock available


78,798

Population


38.62%

Rental population


1.12%

Current vacancy rate


1,151

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 Malak, Darwin

  House Townhouses Units
Median listing price $530,000 NA $300,000
Median price change - last quarter -1.77% NA 0.00%
Median price change - 1 year -3.64% NA NA
Median price change - 2 years -0.75% NA NA
  House Townhouses Units
Median weekly rent $610 NA $470
Median yield % 5.98% NA 8.14%
Median rent change - 1 year 10.90% NA 10.58%
  House Units
Previous month sales 4 0
Stock on market previous month 16 7
Stock variance vs. last year 14.29% -36.36%
Average days on market 149 468

Malak investment property listings

Showing 5 of 8 investment properties found in Malak on realestateinvestar.com.au

4 Matthews Rd, Malak

$400,000

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Market Entry - Nothing Left To Do

Location shouts convenience. With McMillans Rd serving as your gateway, Sunday mornings are made easy with grocery shopping at Coles. Alternatively, tee off into leisurely bliss at the nearby Marrara Golf Course, where hitting the greens and enjoying refreshing drinks with friends becomes a weekly ...

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House

NT 0812


10 Matthews Rd, Malak

$600,000

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Deluxe Meets Classic Troppo Living

Should you be enjoying the Tropics how they are meant to be experienced? Well embrace the glorious foliage of the private tropical surrounds, cool off in the pool and recline on the deck. This home is one of a kind with a blend of distinctive bohemian taste and old school tropical Darwin ...

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NT 0812


32 Kapool Cres, Malak

$480,000

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Leafy Abode!!

To view webbook with property reports etc text 32KAP to 0488 810 057 32 Kapool Crescent is a move in ready home, perfect for the busy family dynamics, close to schools and shops! Gated at street level with parking for two under a shade sail plus there is space for the boat or extra car under the ...

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NT 0812


7 Paqualin Rd, Malak

$499,000

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Classic Elevated with upgrades.

Welcome to 7 Paqualin Rd Malak! This stunning 3-bedroom, 1-bathroom property is now available for sale. Situated in a desirable location, this property boasts a spacious interior and a well-designed layout. The bedrooms are generously sized, providing ample space for relaxation and privacy. The ...

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NT 0812


7/13 Magdelene Ct, Malak

$300,000

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Hidden Secret

Privately tucked away in a side street you have probably never heard of, this wonderful 2 bedroom apartment is a surprise package of modern interiors and sleek contemporary edges in one of Darwin's oldest suburbs. - 2 bedroom ground level apartment - Gated carport parking for two - Open plan ...

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NT 0812


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