Fraud Blocker

Tiwi, NT 0810

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 Tiwi, NT 0810 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 “Tiwi, NT 0810”

  1. The total adult population (15 years or older) of Tiwi 0810 NT is 2,057, with a median age of 40. Of those, 41.66% are married, 12.30% are divorced or separated, 37.97% are single and 8.07% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $9,484. The median monthly mortgage repayment for households in this suburb is $2,000 which is 21.09% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Tiwi, bearing the postcode 0810, is nestled within the Northern Territory. It’s home to an approximate total of 919 households. Now, let’s take a deep dive into the real estate market of this unique suburb as captured in the Q3 2023 statistics.

    Property in Tiwi is attracting some noteworthy attention with the typical house prices pegged at $575,738. Meanwhile, the median weekly rent sits comfortably at $574. This dynamic has culminated in an attractive indicative yield of 5.18%, which fits perfectly within the cashflow-centered investor’s rule of thumb for a yield over 3%.

    Tiwi boasts an IRSAD score of 1007 out of 1200. This higher score implies that Tiwi’s population enjoys a socially and economically healthy lifestyle, which is incredibly enticing to prospective residents. The renter to owner ratio in the area is around 35%, imparting a balanced diversity to the neighbourhood.

    Properties for sale in Tiwi have a healthy 21% mix of units to houses, suggesting a favourable dominance of houses that will keep competition amongst landlords in check while promoting more family-oriented tenant appeal. Housing affordability in the area also seems manageable with the years to own metric landing at 24 years. This suggests potential buyers will more likely become homeowners within the standard 30-year mortgage term.

    Real estate supply metrics show a favourable landscape with a stock on market percentage of only 0.15% for houses and an inventory level of 0.63 months. Furthermore, the building approval ratio for houses is capped at a promising 0.31%. This trio indicates low supply, which makes a compelling business case for potential investors.

    Turning the spotlight to demand metrics, houses spend an average of 18 days on the market before they’re snapped up. The area’s vacancy rate, which accounts for combined houses and units, stands at a low 0.93%. This tells us that demand is high, vacancies are rare and you can expect reduced periods with no rental income. This is complemented by a buy search index of 6, underscoring high interest from prospective buyers.

    The stats signal Tiwi as a prospective market with major properties fundamentals ticking the right boxes. However, as always, investors are encouraged to keep a finger on the pulse of market trends and base real estate investment decisions on comprehensive data. It’s also important to remember that it’s acceptable to have some metrics in unfavourable ranges if the majority of other metrics are favourable. Furthermore, remember that tools like the RCS (Relative Composite Score) developed by HtAG Analytics automate this research, presenting over 80 metrics for you to consider.

    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