Wagaman, NT 0810
Good to know:
Wagaman is a residential suburb located in the northern part of Darwin, in the Northern Territory, Australia, postcode 0810. Established in the mid-1970s, it is known for its green spaces, including parks such as Wagaman Park, which provide recreational opportunities for families. The suburb has a diverse community and houses Wagaman Primary School, catering to local children. Its proximity to Casuarina Square, one of Darwin's largest shopping centres, ensures residents have easy access to shopping, dining, and entertainment options. Public transport routes are convenient, connecting Wagaman with other parts of Darwin.
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Wagaman NT 0810 shows a market profile with modest prices, reasonable yields and tight listed supply. Wagaman NT 0810 houses: typical price $708,608, median rent $698 per week and a gross yield of 5.12% — a level above common minimums for yield-focused investors. This snapshot of the Wagaman property market highlights tight market-side supply metrics (low stock on market and low inventory), a solid socioeconomic score (IRSAD 967), and rental fundamentals that are close to high-demand territory (vacancy ~1.02%). House prices in Wagaman are supported by constrained listings and minimal immediate development pipeline, but affordability and turnover metrics require careful assessment depending on strategy.
Property market outlook
Wagaman’s supply-side picture is the clearest directional signal: SoM 0.24% and inventory 1.01 months are both in the “opportune” bands, indicating tightly held stock and limited options for buyers — conditions that tend to support price resilience or upside if demand is steady. Building approvals ratio 0.0% reinforces a near-term absence of new supply. Demand metrics are broadly neutral: days on market at 51 days and a Buy Search Index of 4 point to a balanced buyer interest. Vacancy at 1.02% sits just above the high-demand threshold (<1%) and, combined with a 5.12% yield, makes the suburb attractive to landlords seeking cashflow. IRSAD 967 is in the opportune range for socioeconomic profile, supporting long-term capital potential compared with lower-IRSAD suburbs. Affordability at around 30 years is a constraint — buyers face stretched serviceability relative to more affordable markets, which can cap buyer pool elasticity if interest rates rise.
Pros
- Yield profile: 5.12% gross yield on current typical price is above common minimums and attractive for income-focused strategies.
- Tight supply: SoM 0.24% and 1.01 months inventory indicate low listed supply, supportive of price stability or growth if demand holds.
- Low development pipeline: BA Ratio 0.0% suggests limited near-term new stock pressure.
- Socioeconomic tailwinds: IRSAD 967 is in the opportune range, consistent with stable long-term demand drivers for housing.
- Data confidence: High confidence increases reliability of the snapshot for shortlisting and comparative analysis.
Cons
- Affordability stress: Affordability at ~30 years is at/above the common threshold, reducing the pool of marginal owner-occupier buyers and increasing sensitivity to rate rises.
- Demand not overheating: Days on market (51) and Buy Search Index (4) are neutral — the market is not excessively competitive, which may slow rapid capital gains.
- Vacancy borderline: 1.02% is neutral but close to the high-demand threshold; small increases in supply or weaker renter demand could elevate vacancy risk for investors.
- Auction data limited: Clearance Rate 0.0% is neutral but reflects few auctions in the market (common in Darwin/NT), so clearance metrics are less useful for signal strength.
Investment strategies
- Core buy-and-hold for income: Given the 5%+ gross yield, Wagaman houses suit investors prioritising cashflow. Focus on mid-term hold horizons (5–10 years) to capture rental income while supply remains tight.
- Active yield optimisation: Seek properties with small refurbishment upside (kitchen/bath updates, landscaping) to increase rent modestly and improve yield/tenant retention without requiring major capex.
- Hedged growth play: Tight listed supply and opportune IRSAD support moderate capital growth potential. Combine selective buying in the lower quartile of typical price with conservative gearing to manage affordability risk.
- Avoid speculative, short-term flips: Neutral days on market and borderline affordability reduce the appeal of short holding flips; timing risk is higher if rates rise.
- Portfolio fit: Wagaman works well as a geographically diversified cashflow asset within broader portfolios that include stronger-capital-growth markets elsewhere.
Is Wagaman NT 0810 a good suburb to invest in?
Wagaman NT 0810 is a good suburb for investors focused on rental income and capital preservation rather than rapid speculative gains. The 5.12% yield and tight supply metrics are supportive of rental cashflow and price resilience. However, affordability at ~30 years introduces sensitivity to interest-rate movements and narrows the owner-occupier buyer base, which may limit aggressive capital appreciation. For buyers and buyers' agents: prioritise well-located houses with modest value-add potential, underwrite to conservative serviceability assumptions, and treat Wagaman as a cashflow/holding market within a diversified strategy.
About HtAG Analytics Data
HtAG reports core suburb metrics to support market comparisons and shortlist creation. Base metrics (reported per dwelling type where applicable) include: Typical Price, Median Rent (rolling year per week), Sales, Rentals, Δ Change (period % change), Gross Rental Yield, Capital Growth (annual estimate + low/high bounds), Total RoI (yield + growth), Rent Increase (annualised estimate), Volatility Index (MAPE-based), Confidence (data reliability), and a Relative Composite Score™. There are additional specialised indicators (supply, demand, infrastructure, school rank, etc.) available on HTAG dashboards; the above is the base set most commonly used for initial screening.
HtAG’s methodology is designed to capture both current market conditions and historical trend signals to enable relative market analysis at or near the point of purchase. In the Wagaman context that means our metrics combine listing/sales activity, rents and socioeconomic indicators to reflect how this suburb compares with alternatives. Unlike providers that focus on public aggregates or macro narratives, HTAG tailors metrics to assess markets as they matter to transactional decisions — similar metric names may exist elsewhere, but our measurements and curation are calibrated for close-to-purchase comparisons.
Note on interpretation and next steps: the summary above is a snapshot of current value metrics for Wagaman houses and does not incorporate time-series trends or the relative weighting of metrics that can materially affect strategy. Some metrics (for example supply indicators vs. affordability) carry greater strategic significance depending on investor objectives. Different investors, leverage profiles and timeframes can produce different suburb selections; HTAG specialises in shortlisting markets based on individual criteria rather than one-size-fits-all rankings. For buyers and agents pursuing Wagaman, perform relative analysis across comparable suburbs and run scenario stress-tests on serviceability, vacancy and rent growth before committing.
Updated: 1 May 2026
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Quick Area Stats
Dwellings
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EDI
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Education & Infrastructure
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School Rank
Infra. Spend
Market Trends
Essential metrics effectively streamline the process of identifying markets that match your financial situation and investment objectives. Typical Price, Indicative Yield and Total ROI provide a swift means to shortlist areas that resonate with what you’re seeking and can afford. These metrics also serve as valuable general trend indicators, allowing you to visualise transaction volumes and dynamics of change.
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The Growth Rate Cycle (GRC) is a metric used to analyse the year-on-year change in property values, providing insights into the growth cycle of a particular area. It uses the “typical price” metric to gauge property values more accurately than median prices, and includes both actual and projected data for the current year.
Fundamental metrics play a vital role in providing a comprehensive analysis of the socio-economic environment within a specific suburb or region. Additionally, the Return on Investment (ROI) and Volatility Index are crucial metrics that aid in evaluating the prospective profitability and the level of risk or stability in the market.
Socio-economics
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IRSAD
Renter to Owner
Units to Houses
Projections
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Projected Annual ROI
Volatility Index
Quick Area Stats
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Annual Sales Volume
Annual Rentals Volume
Stock on Market
Building Approvals
Inventory
Hold Period
Supply metrics are crucial in gauging both the existing volumes of real estate listed for sale and the properties anticipated to enter the market soon. A diminished supply could signal opportunities for price appreciation, particularly when there’s corresponding buyer demand to buoy the market. The Stock on Market and Inventory level metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged. The BA Ratio represents the proportion of building approvals over the latest 12 months relative to the total dwellings in the area.
Days on Market
Search Index
Vacancy Rate
Clearance Rate
Demand metrics underscore the level of interest that potential property buyers or tenants have in a specific suburb or locality. When demand outstrips the available supply, or if the supply fails to meet the intensity of buyer/renter interest, there’s a potential for prices to climb, underscoring the pivotal relationship between demand dynamics and property value trends. The Days on Market and Clearance Rate metrics (current values) are presented as a 3-month rolling average of monthly data shown in the charts. This means the last 3 months of data are averaged.
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The total adult population (15 years or older) of Wagaman 0810 NT is 1,609, with a median age of 35. Of those, 48.10% are married, 10.75% are divorced or separated, 36.92% are single and 4.47% are widowed.
The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $8,460. The median monthly mortgage repayment for households in this suburb is $1,820 which is 21.51% of their earnings.
Source: ABS Census Data (2021)