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Investment Property Nightcliff, NT, 0810

Suburb Snapshot

Nightcliff is a suburb in the Darwin Region of Northern Territory. Nightcliff has a population of 3,851 people and 45.14% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 43.32% over the past year and changed 30.56% over 2 years.

The median rent in Nightcliff for houses is $720 per week and the median rental yield is 3.40%. Stock on the market for houses/townhouses has changed 28.57% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $352,500 and this has changed -11.88% over the past year. The average unit takes 192 days to sell and the median rent for a unit in Nightcliff is $480 per week, producing a rental yield of 7.08%.

Supply & Demand in Nightcliff, Darwin

0.66%

Current vacancy rate


14

Rental stock available


3,851

Population


45.14%

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 Nightcliff, Darwin

  House Townhouses Units
Median listing price $1,100,000 NA $352,500
Median price change - last quarter 0.00% NA -14.03%
Median price change - 1 year 43.32% NA -11.88%
Median price change - 2 years 30.56% NA -11.77%
  House Townhouses Units
Median weekly rent $720 $550 $480
Median yield % 3.40% NA 7.08%
Median rent change - 1 year 9.92% 5.76% 6.66%
  House Units
Previous month sales 8 7
Stock on market previous month 9 29
Stock variance vs. last year 28.57% 11.54%
Average days on market 81 192

Nightcliff investment property listings

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