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Wanguri, 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 Wanguri, 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™

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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 “Wanguri, NT 0810”

  1. The total adult population (15 years or older) of Wanguri 0810 NT is 1,462, with a median age of 39. Of those, 45.49% are married, 11.08% are divorced or separated, 39.88% are single and 3.21% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $10,548. The median monthly mortgage repayment for households in this suburb is $2,167 which is 20.54% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NT, the suburb of WANGURI 0810 houses an estimated 669 households. Unveiling statistics for Q3 of 2023, this neighbourhood reflects a vibrant property market, with houses typically priced at $665,665. House rentals draw a median weekly rent of $559, engendering an indicative yield of 4.37% – an attractive figure for the area’s cashflow-centered property investors.

    Possessing a socio-economic score of 1022 out of 1200, WANGURI 0810 indicates a population with a substantial reach to financial resources and skilled professions. The suburb sees a pleasing renter to owner ratio of 30%, making it an area with mostly owner-occupied properties which is favourable from an investment perspective. The ratio of units to houses for this area stands at a relatively low 2%, indicating a far less saturated rental market when compared to areas with a higher ratio.

    The affordability index touches at an opportune 25 years. This suggests that, on average, homeowners can completely own their property, by paying off their standard 30-year mortgage five years ahead of schedule. This demonstrates the high affordability in the area, contributing to its appeal as an investment location.

    The supply measurements, like the stock on market Percentage at 0.15% and inventory level at 0.57 months, affirm a low supply market that swings in favour of sellers. The building approvals ratio for this area is at a favourable 0.15%, suggesting there is limited addition of new dwelling stock further tightening the supply.

    With 36 days on market (DoM), the area exhibits a fair demand, where properties are being sold relatively quickly. The vacancy rate (which combines houses and units) touches just 0.98%, signaling a high demand with little available inventory for potential renters – an incredibly favourable aspect for investment.

    The culmination of these numbers bolster the buy search index to land at 6 and this value signifies a high level of interest in the area from potential buyers. However, it’s crucial to consider that it’s alright to have a few metrics in unfavourable ranges if most other metrics align favourably.

    Overall, WANGURI 0810 presents an affluent real estate landscape for investors, courtesy of its relative composite score. It’s key though, to regularly update yourself with current real estate data to optimise your investment decisions.

    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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