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Litchfield Municipality, NT

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Litchfield Municipality NT has been a popular LGA for property buyers, due to its affordable housing. You can find everything from houses to townhouses to apartments for sale in this area. If you’re looking for a new place to live, Litchfield is a great destination. There are plenty of schools and other amenities in this Council Area. If you’re interested in buying property in Litchfield, take a look at the data to understand the key real estate metric for this real estate market.

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The suburb of Litchfield in Litchfield, NT was named after the local pastor Reverend Robert Litchfield who established a Christian mission there in 1874. Although Reverend Litchfield was probably responsible for the local name of Litchfield, it is now regarded as the area where pastoralists first settled.

Litchfield is located between Darwin and Katherine in northern Australia. The area is mostly farmland, with some farmhouses dotted here and there. Litchfield is also a popular destination for tourists looking for some outdoor adventure. Popular cafes and restaurants are located around Westbourne Park in Litchfield.

If you’re looking for a more affordable option, purchasing a townhouse in Litchfield can be considered as an appealing option. There are several affordable housing developments near the lake, as well as all of the amenities for the locals, such as the gym, the library, the community centre, and the pub.

If you’re in the market for a new home, look into Litchfield. Find out more about the prices, rent and gross yield return for this property market in the dashboard section below.

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Suburb Heatmap Analysis

Property Market Snapshot

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

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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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Property Market in Litchfield Municipality, NT

What LGAs neighbour Litchfield Municipality, NT?

Litchfield Municipality borders Palmerson Municipality and Darwin Municipality LGAs as well as Coomalie Shire, Marrakai-Dougla and Cox-DALY areas.

How many people live in Litchfield Municipality, NT?

There are approximately 26000 people living in the Litchfield Council area with 8.77 people per square km in density.

What are current and planned infrastructure projects in Litchfield Municipality NT?

Sealing of roads is one of the current projects for which the Australian Government has committed $15 million. The Northern Territory Government and Litchfield Council have contributed $3 million each.


What is the main industry in Litchfield Municipality NT?

The main industry sector is construction which employs more of Litchfield Council LGA’s resident workforce than any other industry sector.

What are the dominant demographic groups in Litchfield Municipality NT?

Analysis of Litchfield Council area shows that there is a lower proportion of people in the younger age group (0 to 17 years) and a higher proportion of the older age group (60+ years).

How is unemployment rate trending in Litchfield Municipality, NT?

The unemployment rate was 4.7% in the Litchfield Council LGA in the 2021 March quarter.

Suburbs/localities in this Local Government Area: Acacia Hills 0822, Fly Creek 0822, Freds Pass 0822, Girraween 0836, Glyde Point 0822, Gunn Point 0822, Herbert 0836, Holtze 0829, Howard Springs 0835, Hughes 0822, Humpty Doo 0836, Knuckey Lagoon 0828, Koolpinyah 0822, Lambells Lagoon 0822, Livingstone 0822, Lloyd Creek 0822, Manton 0837, Middle Point 0822, Murrumujuk 0822, Noonamah 0837, Shoal Bay 0830, Southport 0822, Tumbling Waters 0822, Bees Creek 0822, Virginia 0834, Wak Wak 0822, Weddell 0822, Wickham 0822, Berry Springs 0838, Micket Creek 0822, Mcminns Lagoon 0822, Black Jungle 0822, Blackmore 0822, Channel Island 0822, Coolalinga 0839, Daly 0822, Darwin River 0841

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