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Stuart Park, NT 0820

Home » NT Real Estate Data » Darwin Municipality, NT » Stuart Park, NT 0820

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 Stuart Park, NT 0820 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 “Stuart Park, NT 0820”

  1. The total adult population (15 years or older) of Stuart Park 0820 NT is 3,537, with a median age of 34. Of those, 38.56% are married, 11.54% are divorced or separated, 47.50% are single and 2.40% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $10,728. The median monthly mortgage repayment for households in this suburb is $1,980 which is 18.46% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the Northern Territory, the suburb of STUART PARK 0820 is a vibrant area hosting approximately 2236 households. As of Q3 2023, the typical price of houses in STUART PARK 0820 hovers around $937,362. Simultaneously, the median weekly rental price stands at a respectable $753, yielding an attractive indicative yield of 4.18%, which is above the 3% low-end yielding benchmark appealing to cashflow-centric property investors.

    Boasting an impressive socio-economic scoring of 1074 out of 1200, STUART PARK 0820 is projected as an affluent area characterised by high income, excellent access to economic resources and a skilled professional population.

    However, prospective investors should carefully observe the renter to owner ratio, standing high at 56%. This is above the ideal 30% threshold, implying an over-saturation of rental properties which can potentially lower long-term returns and breed high competition among landlords.

    An equally noteworthy factor is the unit to houses ratio, currently at an elevated 73%. This suggests that the market is overflowing with units (apartments, flats, studios), inviting additional competition among landlords for tenants, which can potentially dilute rental yields.

    The affordability metric, translating to 34 years, indicates a relatively unaffordable real estate market for residents. This rate exceeds the standard 30-year mortgage and 31 year benchmark, intricately entwining factors such as interest rates, median family income and typical property prices.

    Stock on Market Percentage for houses sits comfortably at 0.57%, which conveys a neutral market condition, neither flooding nor scarce. Correspondingly, the inventory level remains low at 1.5 months, reflecting a storehouse capable of sustaining limited market fluctuations without causing a drastic supply surge.

    Further, the building approvals Ratio for houses, which directly affects supply dynamics, is zero, representing a favourable market with low potential for significant supply influx.

    With an average day on market (DoM) of 45, the demand is neutral. The vacancy rate, including both houses and units, stands at a modest 1.81%. This number points towards a fairly balanced market demand, neither extremely high nor too low.

    With a buy search index at 3, potential buyers’ interest is on the lower end of the spectrum.

    The combined interpretation of these metrics reveals STUART PARK 0820 as an intriguing market indicating good returns regarding rental yields, socio-economic factors and low supply risk. However, the high renter to owner and unit to house ratios, coupled with the subdued buyer interest, nudges investors to remain vigilant to possible changes in the market trends.

    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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