Fraud Blocker

East Side, 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 East Side, 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “East Side, NT 0870”

  1. The total adult population (15 years or older) of East Side 0870 NT is 2,514, with a median age of 34. Of those, 32.98% are married, 11.14% are divorced or separated, 53.62% are single and 2.67% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $10,528. The median monthly mortgage repayment for households in this suburb is $1,742 which is 16.55% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of East Side 0870, located in the Northern Territory, is a thriving residential space that currently boasts an estimated 1382 households. As we step into the third quarter of 2023, property prices for houses in this area stand at an average of $621,835, with a median weekly rent figure hitting $544. This settlement equates to an indicative yield of a rather promising 4.55%.

    In terms of societal standing, East Side hits a score of 1048 out of a maximum 1200 on the IRSAD scale. This score underlines the good socio-economic standing of the local populace. It’s worth noting a renter-to-owner ratio of 40% which, whilst slightly above our 30% preference, doesn’t overshadow the investment appeal of this suburb. The units to houses ratio sits well within favourable parameters at 28%, reducing market competition among landlords for tenants and averting risks associated with property price drops caused by overcrowded unit markets.

    The affordability index for houses in East Side is an appealing 23 years – this denotes an area of significant affordability for potential dwellers; another tick for investors in search of long-term tenant security.

    Supply metrics are favourable in East Side. The stock on market percentage for houses is a low 0.21%, significantly below the dreaded 1.3% over supply indicator. The inventory level for houses is equally appealing at a speedy 0.86 months, indicating a quick turnover of properties. The building approval ratio for houses is also favourably low at 0.21%.

    Although the days on market for houses in East Side is a high 192, this doesn’t detract from the overall appeal of the suburb to investors, especially considering the very low vacancy rate (combined houses and units) of 0.72%, which signals high demand. However, while we would ideally hope to see a buy search index of over 3, East Side’s score stands at 2 which suggests a more measured demand.

    It’s crucial to note that although some metrics such as the buy search index and days on the market may not be in ideal ranges, the overall positive figures in East Side’s essential, fundamental, and supply metrics keep it an attractive option for cash flow-focused property investors. It is also important to keep an eye on market trends through HtAG’s RCS dashboard – leveraging their Relative Composite Score (RCS) metric which combines over 80 metrics to help automate property market analysis effectively.

    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.

Leave a comment