This property is Off Market
With an average age of 46, households expect an average monthly mortgage payment of $2,640 or a weekly rent payment of $400. The average family earns a weekly income of $2,454 with a typical household size of 2.8 and a 96.24% employment rate.
Consistent high demand relative to supply is a key feature in Mcminns Lagoon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mcminns Lagoon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mcminns Lagoon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mcminns Lagoon requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 5%)
Humpty Doo a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
79 / 100
55 / 100
Industry
72 / 100
29 / 100
Population
96 / 100
50 / 100
House Prices
100 / 100
61 / 100
Jobs
100 / 100
27 / 100
Incidents Trend State Average
Taminmin College
Humpty Doo, NT, 0836 State 7-12
Humpty Doo Primary School
Humpty Doo, NT, 0836 State P-6
Sattler Christian College
Freds Pass, NT, 0822 Independent T-9
Mother Teresa Catholic Primary School
Zuccoli, NT, 0832 Independent T-6
Howard Springs Primary School
Howard Springs, NT, 0835 State P-6
St Francis of Assisi Catholic Primary School
Humpty Doo, NT, 0836 Independent T-6
Girraween Primary School
Girraween, NT, 0836 State P-6
Good Shepherd Lutheran College
Howard Springs, NT, 0835 Independent T-12
MacKillop Catholic College
Johnston, NT, 0832 Independent 7-12
Bees Creek Primary School
Freds Pass, NT, 0822 State P-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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