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Braitling, NT 0870

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Braitling, NT 0870 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Braitling, NT 0870”

  1. The total adult population (15 years or older) of Braitling 0870 NT is 2,519, with a median age of 36. Of those, 37.95% are married, 12.15% are divorced or separated, 46.96% are single and 2.70% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $10,104. The median monthly mortgage repayment for households in this suburb is $1,804 which is 17.85% of their earnings.

    Source: ABS Census Data (2021)

  2. In the heart of Australia’s Northern Territory, you’ll find the suburb of Braitling 0870, a residential hub with approximately 1337 households. Currently, in the third quarter of 2023, the real estate market in Braitling is showing signs of healthy activity and presenting prospects for property investors.

    The typical price for houses in Braitling is pegged at $547,331, with median weekly rents being about $617. This leads to an indicative yield of 5.86%, an attractive rate well above the minimum 3% for cashflow-centered property investors. This indicates that property investment in Braitling, especially for rentals, can generate a favourable cash flow.

    Braitling’s socio-economic status is relatively high, with an IRSAD score of 1004 out of 1200, reflecting good access to economic resources and higher income levels. Additionally, the renter to owner ratio sits at 34%, slightly above the ideal range but not problematic, as it does not denote a market oversaturated with rentals.

    The dynamics between units and houses in Braitling also present a favourable market condition. With a units to houses ratio of only 8%, the market is not flooded with units rentals, suggesting less competition among landlords for tenants and possible longer tenancy periods, a crucial aspect for stable rental income.

    A standout characteristic of Braitling’s property market is its pronounced affordability. With an Affordability Index of just 21 years, well below the problematic 30-year mark, Braitling ranks as a suburb where residents find it easier to own a property.

    In terms of supply, Braitling shows a balanced scenario. The stock on market Percentage stands at 0.4%, indicating a low supply, while the inventory level is at 1.94 months, signifying a quite absorbent market with minimal backlog of properties. Furthermore, the building approvals Ratio sits at a reasonable 0.56%, suggesting a limited yet steady influx of new houses into the market.

    As for demand, the days on market stat comes in at 89, nearing the upper limit, which could indicate a slightly sluggish market. However, the vacancy rate of 2.23% and the buy search index of 3 both fall within the considered neutral range, balancing the overall demand conditions in Braitling.

    In conclusion, despite some variability, Braitling, overall, exhibits balanced and healthy property market dynamics. By factoring in more than 80 metrics, an advanced tool like HtAG Analytics’ RCS (Relative Composite Score) could be used to discern prevalent market trends and make more informed investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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